RHB Retail Research
Trading Stocks - YBS International
YBS International is in the process of completing its minor sideways consolidation process after breaking above its immediate resistance yesterday, on the back of strong volume. If it can stay above the MYR0.385 resistance-turn-support level, the bullish momentum may lift it towards its next resistance level of MYR0.42, followed by MYR0.45. A downside breach of MYR0.355 would cancel this trading bias.
Source: RHB Securities Research - 6 Apr 2021
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