RHB Retail Research
Trading Stocks - Johore Tin
Johore Tin may rise higher after it formed a second consecutive white candle. Last Friday’s candle sent the stock to its new 52- week high, thereby enhancing the bullish sentiment. A bullish bias may emerge above the MYR1.82 level, with an exit set below the MYR1.76 mark. Towards the upside, the immediate resistance is at the MYR2.00 level, followed by the MYR2.10 threshold.
Source: RHB Securities Research - 24 Feb 2020
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