Jaya Tiasa formed a third consecutive white candle to cross above the rising 21-day SMA line. This suggests a good possibility that its correction phase that began in the second half of August has ended. A positive bias may emerge above MYR0.65 with resistance points eyed at MYR0.725 at MYR0.75. A stop-loss below MYR0.65 is recommended.
Source: RHB Securities Research - 2 Sept 2020
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