RHB Retail Research
Technical Analysis - Y. S. P. Southeast Asia
Y.S.P. Southeast Asia may climb higher after forming another white candle and hitting its new 52-week high. In view that the 21-day SMA line is likely to begin turning upwards, this also implies a positive outlook sentiment. A bullish bias may appear above the MYR3.16 level, with an exit set below the MYR2.93 threshold. Towards the upside, the near-term resistance is at MYR3.50. This is followed by the MYR3.70 level.
Source: RHB Securities Research - 25 Sept 2018
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