JHM likely in the process of extending upward move, says RHB Retail Research

TheEdge Wed, Sep 02, 2020 07:47am - 3 years View Original


KUALA LUMPUR (Sept 2): RHB Retail Research said JHM Consolidation Bhd is likely in the process of extending its upward move following the latest session’s crossing of the RM1.77 resistance point.

In a trading stocks note today, the research house said a positive bias may appear above this level with subsequent resistance levels eyed at RM1.90 followed by RM2.00.

“A stop-loss can be placed below RM1.77,” it said.

 

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