RHB Retail Research
Trading Stocks - JCY International
JCY International may rebound further after it tested the MYR0.18 support lately. As the stock has formed a long white candle above the 21-day SMA line, the bullish sentiment has been enhanced. A bullish bias may emerge above the MYR0.195 level, with an exit set below the MYR0.18 threshold. Towards the upside, the immediate resistance is at MYR0.23. This is followed by the MYR0.25 level
Source: RHB Securities Research - 23 Oct 2019
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