JCY International may rebound higher after it continued holding above the MYR0.18 support. As the stock breached above the MYR0.20 threshold, this indicates a positive sign. A bullish bias may appear above the MYR0.20 level, with an exit set below the MYR0.18 threshold. Towards the upside, the near-term resistance is at MYR0.23. This is followed by the MYR0.245 level.
Source: RHB Securities Research - 13 Feb 2019
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Created by rhboskres | Aug 26, 2024