RHB Retail Research

Trading Stocks - Yinson

rhboskres
Publish date: Thu, 08 Aug 2019, 05:21 PM
rhboskres
0 9,020
RHB Retail Research

Yinson may move higher after it tested the MYR6.52 support in recent sessions. Given that it has formed a positive candle for the second consecutive day, the positive sentiment has been enhanced. A bullish bias may appear above the MYR6.52 level, with an exit set below the MYR6.52 threshold. Towards the upside, the near-term resistance is at MYR7.20. This is followed by the MYR7.50 level.

Source: RHB Securities Research - 8 Aug 2019

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