Rakuten Trade Research Reports
Technical View - Yinson Holdings Bhd (YINSON, 7293)
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Publish date: Wed, 27 Nov 2019, 09:20 AM
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All materials published here are prepared by Rakuten Trade. For latest offers on Rakuten Trade products and news, please refer to: https://www.rakutentrade.my/
To sign up for an account: http://bit.ly/40BNqKI
Rakuten Trade
Hotline: +603 2110 7110 (Account Opening, General enquiry)
Email: customerservice@rakutentrade.my
Yinson Holdings Bhd (7293)
- YINSON gained 2.9% or 19 sen to RM6.84 yesterday.
- Yesterday saw a long white candle suggest renewed buying interests on the stock. Coupled with improving key technical indicators, we believe share price may have bottomed and continue with its rebound to re-test the RM7.00 level.
- From here, resistance levels are expected at RM7.30 (R1) and RM7.50 (R2).
- On the contrary, support levels can be identified at RM6.50 (S1) and RM6.30 (S2).
Source: Rakuten Research - 27 Nov 2019
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