RHB Retail Research
Trading Stocks - Leong Hup International
Leong Hup International may rebound higher after it continued holding above the MYR0.82 support. Yesterday’s candle sent the stock to its 1-week high, so the positive sentiment has been enhanced. A positive bias may emerge above the MYR0.865 level, with an exit set below the MYR0.82 threshold. Towards the upside, the immediate resistance is at the MYR0.955 level, followed by the MYR0.995 threshold.
Source: RHB Securities Research - 10 Dec 2019
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