RHB Retail Research
Stocks on Radar - Lii Hen Industries
Lii Hen Industries may move higher after posting a long white candle and hitting its 10-week high. This upward momentum is likely to continue, given that it has posted a fourth consecutive white candle. A bullish bias may appear above the MYR2.71 level, with an exit set below the MYR2.59 threshold. Towards the upside, the near-term resistance is at MYR2.85. This is followed by the MYR2.92 level.
Source: RHB Securities Research - 21 May 2019
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