RHB Retail Research
Trading Stocks - LBS Bina Group
LBS Bina Group is set for an uptrend movement after breaching above the consolidation phase of MYR0.52 – while forming a “White Marubozu” bullish pattern. If it manages to maintain above that level, expect the bullish momentum to travel the stock further towards the MYR0.56 resistance, then MYR0.59. Conversely, falling below the support level of MYR0.50 will cancel this expectation.
Source: RHB Securities Research - 27 Dec 2021
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