YBS International is eyeing a fresh leg towards the upside after undergoing a bullish breakout. Yesterday, the counter climbed to reclaim the MYR0.75 resistance with strong trading volume. The bullish momentum should propel the counter towards MYR0.80 mark, followed by MYR0.90 threshold. Towards the downside, breaching below the MYR0.70 support would lead to the kick-off of a correction phase.
Source: RHB Securities Research - 12 Mar 2024
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Created by rhbinvest | Aug 23, 2024