RHB Retail Research says Jaya Tiasa Holdings Berhad extended its rebound from the rising 21-day SMA line supported by the higher volume.
In a trading note, the research house says a positive bias may emerge above MYR0.53 while resistance is expected at MYR0.585, followed by MYR0.61.
“A stop-loss can be placed below MYR0.53,” it says.