Lii Hen Industries is poised to clinch a 2-year high again, breaking past the resistance level of MYR3.82. As the trading volume is increasing, we expect the bullish momentum to move higher and reach the next resistance level of MYR4.00, followed by MYR4.13. This positive expectation should remain valid, provided the MYR3.65 support does not fail.
Source: RHB Securities Research - 23 Oct 2020
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Created by rhboskres | Aug 26, 2024