Jaya Tiasa is showing early signs of developing a rebound after it recently tested the support zone of MYR0.66-0.68. This rebound is likely to extend further provided the MYR0.68 support continues to hold. Resistance levels are expected to emerge at MYR0.75 and MYR0.775. A downside breach of MYR0.68 would negate this positive thesis.
Source: RHB Securities Research - 10 Mar 2021
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Created by rhboskres | Aug 26, 2024