RHB Retail Research
Trading Stocks- JHM Consolidation
JHM Consolidated is likely resuming its upward move, following the recent retracement that saw it testing the 21-day SMA line with a low of MYR0.855. A positive bias may emerge above MYR.0.855, with resistance points pegged at MYR0.96, followed by MYR1.00. A stop-loss can be set below MYR0.89.
Source: RHB Securities Research - 27 May 2020
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