YBS
Sector: Industrial Products & Services
YBS share price is trending sideways after retraced from its peak on April 2021. YBS is potentially benefit from Lam Research expansion in Malaysia. YBS’s business consists of high precision mould design & fabrication, plastics injection moulding, metal stamping & CNC turning, Electronics Manufacturing service and connector solution. YBS is currently trading at RM0.355 with immediate resistance at RM0.375 and immediate support at RM0.310. YBS can be monitored for the breakout from its immediate resistance in the coming trading day. If you intend to buy YBS, you may consider to buy when breakout to minimize your risk.
Reason to Monitor: Potential Benefit from Lam Research expansion in Malaysia.
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