KUALA LUMPUR (May 27): RHB Retail Research said Lii Hen Industries may climb higher after posting a long white candle and leaving an upside gap. In a trading stocks note today, the research house said in view that the 21-day SMA line is likely to begin turning upwards, this also implies a positive outlook. “A bullish bias may emerge above the RM2.78 level, with an exit set below the RM2.66 threshold. “Towards the upside, the immediate resistance is at RM2.92. This is followed by the RM3.00 level,” it said.

Source: The Edge Markets May 27, 2019 00:33 UTC