RHB Retail Research
Trading Stocks - LKL International
LKL International may rebound further after it tested the MYR0.21 support in its latest session. In view that the 21-day SMA line is likely to begin turning upwards, this implies a positive outlook sentiment. A positive bias may emerge above the MYR0.21 level, with an exit set below the MYR0.21 threshold. Towards the upside, the immediate resistance is at the MYR0.26 mark. This is followed by the MYR0.29 level.
Source: RHB Securities Research - 31 Jan 2020
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