RHB Retail Research
Trading Stocks - Lee Swee Kiat Group
Lee Swee Kiat may rebound further after it tested the MYR0.91 support recently. As the stock rose above the 21- day SMA line, this indicates a positive sign. A bullish bias may appear above the MYR0.95 level, with an exit set below the MYR0.91 threshold. Towards the upside, the near-term resistance is at MYR1.01. This is followed by the MYR1.06 level.
Source: RHB Securities Research - 12 Mar 2019
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