PublicInvest Research

Author: PublicInvest   |   Latest post: Wed, 16 Jan 2019, 11:59 AM


Technical Buy: YONGTAI (7066)

Author:   |    Publish date:

  • Target Price: RM0.420, RM0.480
  • Last closing price: RM0.385
  • Potential return: 9.0%, 24.6%
  • Support: RM0.360
  • Stop Loss: RM0.345

Possible for bottom fishing. YONGTAI is showing signs of recovery from its consolidation phase. Improving RSI and MACD indicators currently signal reasonable entry level, with anticipation of continuous improvement in both momentum and trend in near term. Should resistance level of RM0.420 be broken, it may continue to lift price higher to subsequent resistance level of RM0.480.

However, failure to hold on to support level of RM0.360 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research - 10 Jan 2019

Share this

Related Stocks

Chart Stock Name Last Change Volume 
YONGTAI 0.44 +0.005 (1.15%) 940,300 

  Be the first to like this.


102  61  288  1779 

Top 10 Active Counters
 MYEG 1.12+0.04 
 ARMADA 0.16+0.005 
 SEACERA 0.22-0.02 
 VS 0.885+0.01 
 TATGIAP-PA 0.045-0.005 
 DESTINI 0.265+0.005 
 SCOMI 0.0550.00 
 BORNOIL 0.045-0.005 
 OCK 0.51+0.015 
 FGV 0.965+0.02 


1. 火中取栗拼油气(中) 赚钱只争5年/冷眼 【冷眼专栏】漫漫投资路
2. 火中取栗拼油气(下) 菜鸟必学7招/冷眼 【冷眼专栏】漫漫投资路
3. How Can Malaysia Become a Developed Nation? Koon Yew Yin Koon Yew Yin's Blog
4. Carimin - Technical Sell PublicInvest Research
5. 威城中短期业务低迷 星洲日報/投資致富‧企業故事
6. How Warren Buffett decides to invest/reject a business in under 15 minutes - WikiHow the bursa journey that worked for me. 2000-2019
7. [转贴] 熊市之中,埋藏了无数能让你的身家,实现三级跳飞跃的机会 - GP Alfred Chen Good Articles to Share
8. [转贴] 参观karex工厂 ~ 第一天 Good Articles to Share
Partners & Brokers