RHB Retail Research
Technical Analysis - JHM Consolidation
JHM Consolidation may move higher after it continued holding above the MYR1.12 support. The latest candle sent the stock to its 1-month high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR1.20 level, with an exit set below the MYR1.12 threshold. Towards the upside, the near-term resistance is at MYR1.34. This is followed by the MYR1.45 level.
Source: RHB Securities Research - 21 Nov 2018
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