RHB Retail Research: JHM Consolidation likely resuming upward trend

RHB Retail Research says, JHM Consolidation Bhd is likely resuming its upward move, following the recent retracement that saw it testing the 21-day SMA line with a low of MYR0.855.

In a trading note, the research house says a positive bias may emerge above MYR.0.855, with resistance points pegged at MYR0.96, followed by MYR1.00. A stop-loss can be set below MYR0.89.

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