RHB Retail Research
Trading Stocks - YNH Property
YNH Property may rise higher after it formed a long white candle and breached above the MYR1.70 mark. Yesterday’s close has sent the stock to its new 52-week high, thereby enhancing the bullish sentiment. A bullish bias may emerge above the MYR1.70 level, with an exit set below the MYR1.57 threshold. Towards the upside, the immediate resistance is at MYR1.90. This is followed by the MYR2.00 level.
Source: RHB Securities Research - 14 May 2019
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