RHB Retail Research

Technical Analysis - Y. S. P. Southeast Asia

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Publish date: Tue, 25 Sep 2018, 10:02 AM
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RHB Retail Research

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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