RHB Retail Research

Trading Stocks - Johore Tin

rhboskres
Publish date: Tue, 26 Feb 2019, 11:00 AM
rhboskres
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RHB Retail Research

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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