RHB Retail Research

Trading Stocks - LBS Bina

rhboskres
Publish date: Fri, 26 Nov 2021, 05:51 PM
rhboskres
0 9,020
RHB Retail Research

LBS Bina tested the immediate resistance, on high trading volume – this has picked up recently, which indicates strong buying interest. If the stock breaches above the immediate resistance of MYR0.56, a bullish bias should emerge. The positive momentum may lift it towards MYR0.58, then MYR0.60. Conversely, our expectation will be negated if it falls below the MYR0.52 support.

Source: RHB Securities Research - 26 Nov 2021

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