Yong Tai may rise higher after it formed another white candle and hit a 10-month high yesterday. As the stock also broke out of 
the 1-week bullish pennant pattern, it may see additional strength in the near term. A bullish bias may emerge above the RM0.37
level, with a stop-loss set at RM0.34, below the 15 May low. Towards the upside, the near-term resistance level is seen at RM0.45, 
followed by RM0.50.

Entry : RM0.37–0.395

Target : RM0.45, RM0.50

Exit : RM0.34

Source: AmInvest Research - 17 May 2023