Nott Invest

YBS - Technical Analysis

Nott_Invest
Publish date: Mon, 12 Jul 2021, 09:22 AM
Nott Invest Analyses

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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