RHB Investment Research Reports
Trading Stocks - YBS International
rhbinvest
Publish date: Tue, 12 Mar 2024, 10:50 AM
rhbinvest
0 4,414
An official blog in I3investor to publish research reports provided by RHB Research team.
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
YBS International is eyeing a fresh leg towards the upside after undergoing a bullish breakout. Yesterday, the counter climbed to reclaim the MYR0.75 resistance with strong trading volume. The bullish momentum should propel the counter towards MYR0.80 mark, followed by MYR0.90 threshold. Towards the downside, breaching below the MYR0.70 support would lead to the kick-off of a correction phase.
Source: RHB Securities Research - 12 Mar 2024
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