Yinson may rise higher after it breached above the MYR4.40 threshold. In view that the 21-day SMA line is likely to begin turning upwards, this also implies a positive outlook. A bullish bias may emerge above the MYR4.40 level, with an exit set below the MYR4.18 threshold. Towards the upside, the immediate resistance is at MYR4.70. This is followed by the MYR4.90 level.
Source: RHB Securities Research - 28 Feb 2019
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YINSONCreated by rhboskres | Aug 26, 2024