RHB Retail Research
Trading Stocks - JHM Consolidation
JHM Consolidation was testing the MYR1.54 level in the recent session. A bullish bias may be present above this point, with a target price of MYR1.64, followed by MYR1.76. The stock may take a breather if it cannot breach above the MYR1.54 mark in the near term. Support may be found at MYR1.41, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 13 Feb 2020
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