RHB Retail Research

Trading Stocks - LYC Healthcare

rhboskres
Publish date: Wed, 04 Mar 2020, 05:31 PM
rhboskres
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RHB Retail Research

LYC Healthcare was testing the MYR0.28 level in its latest session. A bullish bias may be present above this point, with a target price of MYR0.31, followed by MYR0.33. The stock may take a breather if it cannot breach above the MYR0.28 threshold in the coming sessions. Support may be found at MYR0.24, where traders can exit upon a breach to minimise the downside risk.

Source: RHB Securities Research - 4 Mar 2020

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