Rakuten Trade Research Reports
Technical View - Leader Steel Holdings Bhd
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Publish date: Fri, 15 Oct 2021, 10:05 AM
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All materials published here are prepared by Rakuten Trade. For latest offers on Rakuten Trade products and news, please refer to: https://www.rakutentrade.my/
To sign up for an account: http://bit.ly/40BNqKI
Rakuten Trade
Hotline: +603 2110 7110 (Account Opening, General enquiry)
Email: customerservice@rakutentrade.my
Leader Steel Holdings Bhd (LSTEEL, 9881)
• Share price closed 2.2% higher at RM0.70 yesterday.
• LSTEEL has found its lowest point at RM0.615 since 10 Sept to form a rounding bottom.
• Its share price closed above all key moving averages. Backed by upticks in its indicators, the share price is poised to move higher.
• Resistance levels are identified at RM0.730 (R1) and RM0.775 (R2).
• On the flipside, support levels are pegged at RM0.660 (S1) and RM0.620 (S2).
Source: Rakuten Research - 15 Oct 2021
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