KUALA LUMPUR (April 8): RHB Retail Research said Jaya Tiasa Holdings Bhd may rebound further after it tested MYR0.525 support recently.
In a trading stocks note today, the research house said as the stock rose above the 21-day SMA line, this indicates a positive sign.
“A bullish bias may appear above the 56.5 sen level, with an exit set below the 52.5 sen threshold.
“Towards the upside, the near-term resistance is at 63 sen. This is followed by the 65.5 sen level,” it said.