Watching Lian Beng closely as the stock showed some signs of bullish behavior. The downside seems limited with sellers slowly giving up and there are potential upside towards the 0.73-0.74 range for the short term. Lian Beng just announced a good news yesterday with a $199.5 million contract. Will this good news drive the stock price higher with the big buyers later?
https://www.theedgesingapore.com/lian-beng-subsidiary-receives-loi-1995-mil-construction-contract
Waiting and watching for some buyers soon. This sector could be in play soon with KSH, Lian Beng, Heeton and Oxley. All 4 of them have signs of bullishness.
Ronald K -
Market Psychologist -
A Stock Market Opportunist
