RHB Retail Research
Trading Stocks - Leon Fuat
Leon Fuat is resuming its uptrend after crossing above the immediate resistance on high volume yesterday. Supported by “higher low and higher high” formation, the stock has bounced off 21-day SMA line while breaking above MYR1.11 resistance turned-support level. The bullish momentum may lift it towards MYR1.20 and MYR1.25 resistance levels. Meanwhile, breaching below the MYR0.975 support level may cancel this expectation.
Source: RHB Securities Research - 4 Jun 2021
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
