RHB Retail Research
Technical Analysis - JHM Consolidation
JHM Consolidation may move higher after it tested the MYR1.03 support recently. The stock has posted a long white candle and hit its 1-week high, indicating a positive sign. A bullish bias may appear above the MYR1.13 level, with an exit set below the MYR1.03 threshold. Towards the upside, the near-term resistance is at MYR1.27. This is followed by the MYR1.35 level.
Source: RHB Securities Research - 5 Nov 2018
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