PublicInvest Research

Technical Buy - YLI (7014)

PublicInvest
Publish date: Fri, 14 Feb 2025, 09:09 AM
PublicInvest
0 12,033
An official blog in I3investor to publish research reports provided by PublicInvest Research team.

All materials published here are prepared by Public Investment Bank Berhad. For latest offers on Public Invest trading products and news, please refer to: https://www.publicinvestbank.com.my/pbswecos/default.asp

PUBLIC INVESTMENT BANK BERHAD (20027-W)
9th Floor, Bangunan Public Bank
6, Jalan Sultan Sulaiman, 50000 Kuala Lumpur
T 603 2031 3011 | F 603 2272 3704 | Dealing Line 603 2260 6718

Technical chart: YLI

  • Target Price: RM0.450, RM0.490
  • Last closing price: RM0.425
  • Potential return: 5.8%, 15.2%
  • Support: RM0.405
  • Stop Loss: RM0.370

Possible for trend reversal. YLI is potentially staging a breakaway from its downtrend, with anticipation of continuous improvement in both momentum and trend in the near term. Should immediate resistance level of RM0.450 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance level of RM0.490. However, failure to hold on to support level of RM0.405 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research - 14 Feb 2025

Related Stocks
Market Buzz
More articles on PublicInvest Research
TECHNICAL BUY: SUNVIEW (0262)

Jun 23, 2025

Explore Sunview's performance in the renewable energy sector, with significant solar projects and financial insights. Analyze key technical data and growth forecasts.

TECHNICAL BUY: SUNZEN (0148)

Jun 23, 2025

Explore SUNZEN's business segments, financial performance, and stock analysis. Discover key support and resistance levels for informed investment decisions.

TECHNICAL BUY: VLB (0273)

Jun 23, 2025

VLB, a construction company, shows strong financial growth and a solid order book of RM1.8 billion, indicating positive earnings visibility for the coming years.

Poh Huat Resources Holdings Berhad - Swimming against the tide

Jun 23, 2025

Poh Huat's 2QFY25 report shows a drastic profit decline, prompting earnings forecast revisions and cautious outlook amid inflation and rising costs.

POWER - Implementing Equitable Tariff Reform

Jun 23, 2025

The Energy Commission has revised Malaysia's electricity tariff structure, introducing a lower base tariff and a monthly AFA mechanism, impacting Tenaga Nasional positively.

PublicInvest Research Headlines - 23 Jun 2025

Jun 23, 2025

Explore the latest KLSE market research report highlighting economic trends, corporate developments, and investment opportunities in Malaysia's stock market.

Technical Buy - OBHB (0327)

Jun 20, 2025

OBHB shows potential for a trend reversal with target prices of RM0.190 and RM0.200, offering investors possible returns of 8.5% to 14.2%. Monitor key support and resistance levels.

Technical Buy - HEXTECH (5136)

Jun 20, 2025

HEXTECH shows potential for recovery with target prices of RM1.19 and RM1.27, indicating possible returns of 4.3% to 11.4%. Monitor support and resistance levels for investment decisions.

Malakoff Corporation Berhad - Secured WTE Concession Agreement

Jun 20, 2025

Malakoff secures a concession for a waste-to-energy facility in Melaka, processing 1,056 tonnes of waste daily and generating 22MW of renewable energy.

PublicInvest Research Headlines - 20 Jun 2025

Jun 20, 2025

Explore the latest KLSE market research report highlighting economic trends, company strategies, and market sentiment in Malaysia amidst global uncertainties.

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment