RHB Retail Research
Trading Stocks - Jaya Tiasa
Jaya Tiasa has been developing a narrow sideways consolidation pattern over the past week or so. Towards the upside, should the stock manage to cross above the MYR0.915 resistance, this could see it swinging towards the next resistance levels of MYR0.95 and MYR1.00. A downside breach of MYR0.885 would cancel this expectation.
Source: RHB Securities Research - 7 Jan 2021
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