RHB Retail Research
Trading Stocks - Lii Hen Industries
Lii Hen Industries was testing the MYR2.00 level recently. If the price breaks out, a bullish bias may be present above this point, with a target price of MYR2.30, followed by MYR2.50. The stock may take a breather if it cannot breach above the MYR2.00 mark decisively in the coming sessions. Support may be found at MYR1.70, where traders can exit upon a breach to limit the downside risk.
Source: RHB Securities Research - 26 Mar 2020
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