RHB Retail Research
Trading Stocks - Lion Industries Corporation
Lion Industries may move higher after it tested the MYR0.51 support lately. Yesterday’s close has sent the stock to its highest close in more than a month, thereby enhancing the positive sentiment. A bullish bias may appear above the MYR0.56 level, with an exit set below the MYR0.51 threshold. Towards the upside, the near-term resistance is at MYR0.63. This is followed by the MYR0.665 level.
Source: RHB Securities Research - 14 Jun 2019
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