Johore Tin may rise higher, says RHB Retail Research

TheEdge Mon, Mar 18, 2019 08:29am - 5 years View Original


KUALA LUMPUR (March 18): RHB Retail Research said Johore Tin Bhd may rise higher after posting a white candle and hitting its new 52-week high.

In its trading stocks today, the research house said last Friday’s white candle can be viewed as bulls extending the rebound from March 1’s “Bullish Engulfing” pattern.

“A bullish bias may emerge above the RM1.45 level, with an exit set below the RM1.32 threshold.

“Towards the upside, the immediate resistance is at RM1.60. This is followed by the RM1.70 level,” it said.

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

ABLEGLOB 1.760

Comments

Login to comment.