RHB Retail Research: Jaya Tiasa extends rebound

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.

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