RHB Retail Research
Trading Stocks - YBS International
YBS International is resuming its upward movement as it broke past the MYR0.37 resistance level – forming a “higher high” pattern yesterday. Premised with the 21-day SMA line curving upwards, the stock may climb towards the next resistance of MYR0.40, followed by the MYR0.46. Meanwhile, falling below the MYR0.355 support level would negate the positive momentum.
Source: RHB Securities Research - 24 Jun 2021
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