RHB Retail Research
Trading Stocks - JCY International
JCY International may rise higher after it formed a second consecutive white candle. This candle has sent the stock to its new 52-week high, thereby enhancing the positive sentiment. A positive bias may emerge above the MYR0.25 level, with an exit set below the MYR0.225 threshold. Towards the upside, the immediate resistance is at MYR0.30. This is followed by the MYR0.34 level.
Source: RHB Securities Research - 26 Dec 2019
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