RHB Retail Research
Trading Stocks - 9 June 2020
Johore Tin was attempting to cross above the MYR1.61 resistance in the latest session on the back of a heavy volume. An upside breach of this level can be seen as an extension of its rebound which is supported by the rising 21-day SMA line. Towards the upside, resistance may appear at MYR1.66, followed by MYR1.71. A stop-loss can be set below MYR1.55.
Source: RHB Securities Research - 9 Jun 2020
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