LYC Healthcare’s upside move may continue after it recently rose above the 21-day SMA line. The upward momentum is likely to continue, given it has breached above the downtrend line drawn in the chart. A bullish bias may appear above the MYR0.35 level, with an exit set below the MYR0.325 threshold. Towards the upside, the near-term resistance is at MYR0.40. This is followed by the MYR0.42 level.
Source: RHB Securities Research - 23 Apr 2019
Chart | Stock Name | Last | Change | Volume |
---|
Created by rhboskres | Aug 26, 2024