Lii Hen Industries may trend higher after posting another white candle and leaving an upside gap. Yesterday’s candle has sent the stock to its new 52-week high, thereby enhancing the bullish sentiment. A positive bias may emerge above the MYR3.17 level, with an exit set below the MYR3.09 threshold. Towards the upside, the immediate resistance is at the MYR3.30 mark. This is followed by the MYR3.45 level.

Source: RHB Securities Research - 26 Nov 2019