LionInd broke to the upside of its ascending triangle at RM1.83. The next resistance levels are at RM1.95, RM2.20 & RM2.60.
Chart 1: LionInd's daily chart as at Apr 5, 2010_3.40pm (Source: Quickcharts)Chart 2: LionInd's weekly chart as at Apr 5, 2010_3.40pm (Source: Quickcharts)Based on the breakout of the ascending triangle, LionInd could be a trading BUY.