RHB Retail Research
Trading Stocks - YKGI
YKGI may rebound further after it tested the MYR0.11 support recently. Given that it has formed a long white candle above the 21-day SMA line, this means that the bullish sentiment has been enhanced. A bullish bias may appear above the MYR0.13 level, with an exit set below the MYR0.11 threshold. Towards the upside, the near-term resistance is at MYR0.18. This is followed by the MYR0.20 level.
Source: RHB Securities Research - 31 Jan 2019
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