Technical Analysis On YOCB

                                                    (source : tradesignum.com)

YOCB has gone through a healthy bullish consolidation  ( falling wedge)  since March 2014. 
The price of this stock has touched the RM 1.15 level (trendline support).
This beautiful one year trendline has became the support and resistance of this stock MULTIPLE times.  
This time, the trendline looks like a trampoline to the upside to the immediate resistance of RM 1.30.

Immediate resistance: RM 1.30
Support level : RM 1.10 (Stop-loss order is recommended)
Should the RM 1.30 resistance be broken this stock might rise higher to a psychological resistance of RM1.50

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