RHB Retail Research says Leong Hup International Berhad staged an intraday positive price
reversal and, at one point, tested the MYR0.715 resistance.
In a trading note, the research house says a positive bias may emerge above this, with the resistance levels set at MYR0.735, followed by MYR0.75.
“A stop-loss can be placed below MYR0.68,” it says.
