RHB Retail Research
Trading Stocks - Jaya Tiasa
Jaya Tiasa may rebound higher after it continued holding above the MYR0.86 support. The stock formed a long white candle and hit its new 52-week high, which is indicative of a positive sign. A positive bias may emerge above the MYR0.92 level, with an exit set below the MYR0.86 threshold. Towards the upside, the immediate resistance is at the MYR1.05 mark. This is followed by the MYR1.10 level.
Source: RHB Securities Research - 24 Dec 2019
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