KUALA LUMPUR (Oct 23): RHB Retail Research said Lii Hen Industries Bhd is poised to clinch a two-year high again, breaking past the resistance level of RM3.82.

In a trading stocks note today, the research house said as the trading volume is increasing, we expect the bullish momentum to move higher and reach the next resistance level of RM4, followed by RM4.13.

“This positive expectation should remain valid, provided the RM3.65 support does not fail,” it said.