RHB Retail Research
Trading Stocks - Johore Tin
Johore Tin was testing the MYR1.26 level in recent sessions. A bullish bias may be present above this point with a target price of MYR1.36, followed by MYR1.46. The stock may take a breather if it cannot breach above the MYR1.26 threshold in the coming sessions. Support may be found at MYR1.08, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 7 Feb 2019
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