RHB Retail Research
Trading Stocks - Lii Hen Industries
Lii Hen Industries may move higher after it continued holding above the MYR2.75 support. Given that the 21-day SMA line crossed above the 55-day SMA line recently, this indicates a positive sign. A bullish bias may appear above the MYR2.86 level, with an exit set below the MYR2.75 threshold. Towards the upside, the near-term resistance is at MYR3. This is followed by the MYR3.12 level.
Source: RHB Securities Research - 25 Feb 2019
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