RHB Retail Research
Technical Analysis - Jaya Tiasa
Jaya Tiasa may rebound further after it tested the MYR0.67 support in recent sessions. The latest white candle has sent the stock to a 3-month high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR0.725 level, with an exit set below the MYR0.67 threshold. To the upside, the near-term resistance is at MYR0.78. This is followed by the MYR0.865 level.
Source: RHB Securities Research - 23 Aug 2018
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