RHB Retail Research
Technical Analysis - LKL International
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LKL International was testing the MYR0.15 level in its latest session. A bullish bias may be present above this point with a target price of MYR0.165, followed by MYR0.175. The stock may take a breather if it cannot breach the MYR0.15 threshold in the coming sessions. Support may be found at MYR0.135, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 3 Aug 2018
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