RHB Retail Research
Technical Analysis - Yinson
Yinson
Yinson may climb higher after posting a long white candle and hitting its new 52-week high. With the 21-day SMA line edging upwards, this suggests that demand may increase in the near term. A bullish bias may appear above the MYR4.43 level, with an exit set below the MYR4.26 threshold. Towards the upside, the near-term resistance is at MYR4.70. This is followed by the MYR5.00 level.
Source: RHB Securities Research - 6 Jun 2018
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