RHB Retail Research
Trading Stocks - Johore Tin
Johore Tin may rise higher after forming a white candle and hitting its new 52-week high. As the 21-day SMA line is likely to turn higher, it would appear that the bullish sentiment has been enhanced. A bullish bias may appear above the MYR1.33 level, with an exit set below the MYR1.26 threshold. Towards the upside, the near-term resistance is at MYR1.45. This is followed by the MYR1.54 level.
Source: RHB Securities Research - 26 Feb 2019
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