RHB Investment Research Reports
Trading Stocks - YX Precious Metals
rhbinvest
Publish date: Tue, 28 Nov 2023, 07:06 PM
rhbinvest
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An official blog in I3investor to publish research reports provided by RHB Research team.
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
YX Precious Metals is poised to rebound upwards as it bounced strongly from the 21-day SMA line and tested the MYR0.29 consolidation level with improved trading volume. If it breaches this point, the bullish momentum should drive the stock towards the resistance of MYR0.315 – the 1-month high – followed by MYR0.355. A fall below the MYR0.27 support would negate the bullish setup.
Source: RHB Securities Research - 28 Nov 2023
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