Our signal tracker had identified a breakout on RM0.425 level for Yew Lee Pacific Group, and the candlestick shows a strong closing strength at RM0.460 level. As for fund flow movement, the red bar representing institutional investors or high value traders had been increasing significantly, representing a heightened interest in the company. We see the next immediate resistance level at RM0.500 and subsequently no visible resistance ahead.

Recommend BUY for Yew Lee at RM0.460 level.

SP: RM0.425

RS: RM0.460

TP: RM0.500 (T1), RM0.700 (T2)