Johore Tin may move higher after it tested the MYR1.40 support in recent sessions. Last Friday’s white candle sent the stock to its 1-month high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR1.46 level, with an exit set below the MYR1.40 threshold. Towards the upside, the near-term resistance is at MYR1.60. This is followed by the MYR1.70 level.
Source: RHB Securities Research - 22 Apr 2019
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Created by rhboskres | Aug 26, 2024