RHB Retail Research
Trading Stocks - Johore Tin
Johore Tin may rise higher after posting a long white candle and hitting its new 52-week high. In view of the positive slope of the 21-day SMA line, this implies a positive outlook . A positive bias may emerge above the MYR1.76 level, with an exit set below the MYR1.68 threshold. Towards the upside, the immediate resistance is at MYR1.90. This is followed by the MYR2.00 level.
Source: RHB Securities Research - 11 Dec 2019
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