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Rakuten Trade Research Reports

Author: rakutentrade   |   Latest post: Wed, 22 Jan 2020, 12:07 PM

 

Technical View - Leong Hup International Bhd (LHI, 6633)

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Leong Hup International Bhd (6633)

• LHI rose 6 sen or 7.2% to RM0.895 yesterday.

• Share price finished with a long white candle yesterday, suggesting bottoming signs with renewed buying interests. As such, should the buying momentum persists, we expect share price to trend higher.

• From here, immediate resistance levels are seen at RM0.90 (R1) and RM0.94 (R2).

• Conversely, support levels can be identified at RM0.83 (S1) and RM0.80 (S2).

Source: Rakuten Research - 10 Dec 2019

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Labels: LHI

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Chart Stock Name Last Change Volume 
LHI 0.83 0.00 (0.00%) 314,400 

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