RHB Investment Research Reports
Trading Stocks - Harn Len Corporation
rhbinvest
Publish date: Thu, 08 Jun 2023, 10:09 AM
rhbinvest
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An official blog in I3investor to publish research reports provided by RHB Research team.
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
Harn Len Corporation is poised for a rebound as it attempted to surpass the immediate resistance of MYR0.80 recently. If a breakout above that level happens, the bulls may drive the stock towards the next resistance of MYR0.845, followed by MYR0.91 – its the all-time-high. However, if the stock drops below the MYR0.73 support and falls below the 21-day SMA line, it would invalidate this expectation.
Source: RHB Securities Research - 8 Jun 2023
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