At the time of writing, LYC Healthcare was testing the MYR0.26 level during its latest session. A bullish bias may be present above this point, with a target price of MYR0.285, followed by MYR0.31. The stock may take a breather if it cannot decisively breach above the MYR0.26 mark in the near term. Support may be found at MYR0.22, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 10 Mar 2020
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