• Technical BUY on breakout with +38.6% potential return
• Last price: RM0.205
• Target price: RM0.28, RM0.305
• Support: RM0.185
• Stop-loss: RM0.18

BUY on breakout with a target price of RM0.305 and stop-loss at RM0.18. Based on the chart, share price has recovered gradually and moved above the 7- and 21- day EMAs, effectively reversing its sideways trend. This is supported by the rising RSI and DMI indicators, which show that the positive momentum will strengthen in the near term. We expect YKGI will continue its upward climb once it penetrates the breakout level of RM0.22.

Expected Timeframe: 2 weeks to 2 months

Source: UOB Kay Hian Research - 19 Sept 2017