RHB Retail Research
Trading Stocks - LB Aluminium
LB Aluminium surged with higher trading volume, attempting to break out from the resistance level marked at MYR0.75. A successful breakout from the resistance will see the stock scale higher to test the next hurdle at MYR0.78, followed by MYR0.85. Meanwhile, breaching below the MYR0.675 support would negate this expectation, and see a stock price correction.
Source: RHB Securities Research - 25 Feb 2021
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