RHB Retail Research
Trading Stocks - Jaya Tiasa
Jaya Tiasa attempted to stage a positive price reversal over the past two sessions, and tried to cross the 21-day SMA line in the latest session. A reversal will be confirmed if the stock manages to breach above MYR0.715. Subsequent resistance points are pegged at MYR0.745 and MYR0.77. A downside breach of MYR0.685 would invalidate this positive expectation.
Source: RHB Securities Research - 8 Oct 2020
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