YINSON has been consolidating in the past one month to form a “Flag” chart pattern. Positive outlook remains intact as share price is still trading above all its key SMAs. The stochastic indicator has entered oversold territory suggesting that further downside potential is limited. Hence, we advocate investors who are looking to buy into the stock to wait for a high-volume breakout to confirm an uptrend resumption.
Source: Kenanga
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Created by kiasutrader | Jul 15, 2024
Theng Tian Tze
Not a good analysis cos had force it into a pattern.1 try to force into a pattern mean emotion had control ,so mean cant have a more perfect analysis any way if up 3.02 will be a strong resistance.If break below 2.75 beware should have chance to see 2.65 then 2.50.
2015-04-01 21:29