Sunday 19 May 2024
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KUALA LUMPUR (May 18): RHB Retail Research said Lii Hen Industries Bhd may move higher after posting a long white candle and leaving an upside gap.

In a trading stocks note today, the research house said this close has sent the stock to its highest close in nearly two months, thereby enhancing the positive sentiment.

“A bullish bias may emerge above the RM3.19 level, with an exit set below the RM3.05 threshold.

“Towards the upside, the immediate resistance level is anticipated at RM3.43. This is followed by the RM3.52 level,” it said.

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