RHB Retail Research
Trading Stocks - Hong Leong Bank
Hong Leong Bank may rebound further after it tested the MYR14.86 support lately. Given that it has formed a white candle for the second consecutive day, the positive sentiment has been enhanced. A positive bias may emerge above the MYR15.20 level, with an exit set below the MYR14.86 threshold. Towards the upside, the immediate resistance is at the MYR16.34 mark, followed by the MYR17 level.
Source: RHB Securities Research - 28 Feb 2020
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