RHB Retail Research
Trading Stocks - Lii Hen Industries
Lii Hen Industries was testing the MYR2.71 level in recent sessions. A bullish bias may be present above this point with a target price of MYR2.81, followed by MYR2.92. The stock may drift sideways if it cannot surpass the MYR2.71 mark decisively in the near term. Support may be found at MYR2.58, where traders can exit upon a breach to limit the downside risk.
Source: RHB Securities Research - 6 May 2019
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