Yinson was testing the MYR4.80 level in the recent session. A bullish bias may be present above this point with a target price of MYR4.91, followed by MYR5.00. The stock may turn sideways if it cannot close above the MYR4.80 threshold in the near term. Support may be found at MYR4.60, where traders can exit upon a breach to limit the downside risk.
Source: RHB Securities Research - 24 May 2019
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YINSONCreated by rhboskres | Aug 26, 2024