Yinson may rebound further after it tested the MYR4.03 support in recent sessions. As the stock rose above the 21- day SMA line, this is a positive sign. A bullish bias may appear above the MYR4.20 level, with an exit set below the MYR4.03 threshold. Towards the upside, the near-term resistance is at MYR4.50. This is followed by the MYR4.76 level.
Source: RHB Securities Research - 30 Jan 2019
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YINSONCreated by rhboskres | Aug 26, 2024