KUALA LUMPUR (Dec 11): RHB Retail Research said Johore Tin Bhd may rise higher after posting a long white candle and hitting its new 52-week high.

In a trading stocks note today, the research house said in view of the positive slope of the 21-day SMA line, this implies a positive outlook .

“A positive bias may emerge above the RM1.76 level, with an exit set below the RM1.68 threshold.

“Towards the upside, the immediate resistance is at RM1.90. This is followed by the RM2.00 level,” it said.