KUALA LUMPUR (May 21): RHB Retail Research said JHM Consolidated Bhd is likely resuming its upward move, following the recent retracement that saw it testing the 21-day SMA line with a low of 85.5 sen .

In a trading stocks note today, the research house said a positive bias may emerge above 85.5 sen, with resistance points pegged at 96 sen, followed by RM1.00.

“A stop-loss can be set below 89 sen” it said.