RHB Retail Research
Trading Stocks - LBS Bina
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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