LKL International may rebound further after it tested the MYR0.215 support in recent sessions. Yesterday’s candle sent the stock to its 1-week high, thereby enhancing the bullish sentiment. An upbeat bias may emerge above the MYR0.245 level, with an exit set below the MYR0.215 mark. Towards the upside, the immediate resistance is at the MYR0.285 level, followed by the MYR0.30 threshold.
Source: RHB Securities Research - 8 Apr 2020
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Created by rhboskres | Aug 26, 2024