Lii Hen Industries may rebound further after it tested the MYR2.57 support in recent sessions. As the stock climbed above the 21-day SMA line, this indicates a positive sign. A bullish bias may appear above the MYR2.65 level, with an exit set below the MYR2.57 threshold. Towards the upside, the near-term resistance is at MYR2.77. This is followed by the MYR2.90 level.
Source: RHB Securities Research - 2 May 2019
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Created by rhboskres | Aug 26, 2024