RHB Retail Research

Trading Stocks - Leong Hup International

rhboskres
Publish date: Wed, 03 Mar 2021, 06:28 PM
rhboskres
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RHB Retail Research

Leong Hup International is showing signs of extending its multimonth sideways trading range which started in Sep 2020. If the stock breaches above MYR0.735, it could swing towards MYR0.785, followed by MYR0.825. A downside breach of the MYR0.70 support would nullify this trading set-up.

Source: RHB Securities Research - 3 Mar 2021

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