AmInvest Research Reports

Stocks on Radar - YBS International (0025)

AmInvest
Publish date: Wed, 24 Nov 2021, 10:24 AM
AmInvest
0 9,382
An official blog in I3investor to publish research reports provided by AmInvest research team.

All materials published here are prepared by AmInvest. For latest offers on AmInvest trading products and news, please refer to: https://www.aminvest.com/eng/Pages/home.aspx

Tel: +603 2036 1800 / +603 2032 2888
Fax: +603 2031 5210
Email: enquiries@aminvest.com

Office Hours
Monday to Thursday: 8:45am – 5:45pm
Friday: 8:45am – 5:00pm
(GMT +08:00 Malaysia)

YBS International surged and hit the RM0.625 resistance level. With its RSI indicator in an uptrend, coupled with a higher trading volume, there is a good chance that it would experience a technical breakout and head towards the short-term target price of RM0.65, followed by RM0.67. The downside support is marked at RM0.58. Traders are advised to exit on a breach to avoid further losses.

Trading Call: Buy on breakout RM0.625

Target: RM0.65, RM0.67 (time frame: 2-4 weeks)

Exit: RM0.58
 

Source: AmInvest Research - 24 Nov 2021

Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment