RHB Retail Research
Trading Stocks - Yinson Holdings
Yinson Holdings is set to climb towards its 52-week high. It moved past the sideways consolidation phase of MYR5.70 yesterday, printing a “higher high” bullish pattern. If it stays above that level, the positive momentum may push it towards the MYR6.05 resistance, then MYR6.35 or the 52-week high. This expectation will be nullified if it falls below the MYR5.51 support level.
Source: RHB Securities Research - 22 Dec 2021
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