RHB Retail Research
Technical Analysis - Lee Swee Kiat Group
Lee Swee Kiat may climb higher after posting a long white candle and leaving an upside gap. The upward momentum will likely continue, given that it has breached above the downtrend line drawn in the chart. A bullish bias may appear above the MYR1 level, with an exit set below the MYR0.90 threshold. Towards the upside, the near-term resistance is at MYR1.10. This is followed by the MYR1.20 level.
Source: RHB Securities Research - 21 Nov 2018
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