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RHB Retail Research

Author: rhboskres   |   Latest post: Thu, 5 Dec 2019, 5:08 PM

 

Technical Analysis - Y.S.P. Southeast Asia

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Y.S.P. Southeast Asia may climb higher after it posted another white candle and leaving an upside gap. This close has sent the stock to its highest close in more than eight months, thereby enhancing the positive sentiment. A bullish bias may emerge above the MYR2.80 level, with an exit set below the MYR2.66 threshold. Towards the upside, the immediate resistance is at MYR3.06. This is followed by the MYR3.19 level.

Source: RHB Securities Research - 31 Jul 2018

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Labels: YSPSAH

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