RHB Investment Research Reports

Trading Stocks - Harn Len Corporation

Publish date: Thu, 08 Jun 2023, 10:09 AM
0 2,729
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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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