YONG TAI BHD

KLSE (MYR): YONGTAI (7066)

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Last Price

0.22

Today's Change

+0.005 (2.33%)

Day's Change

0.215 - 0.22

Trading Volume

865,300


11 people like this.

11,009 comment(s). Last comment by sangjero 21 hours ago

notrealBoo

373 posts

Posted by notrealBoo > 3 weeks ago | Report Abuse

waiting RM1

tklim

3,204 posts

Posted by tklim > 2 weeks ago | Report Abuse

The breakout price for Yong Tai Berhad (YONGTAI) is expected to be MYR 0.4251. This price represents a significant potential upside from the current price of MYR 0.251. If and when Yong Tai Berhad's stock price reaches this breakout price, several factors could influence its subsequent movement:

Impact on Sentiment:
A breakout above the 0.425 price target could significantly boost investor sentiment, as it would indicate strong buying momentum and potentially signal a bullish trend. This could attract more investors and capital to the stock.

Technical Indicators:
The breakout price is often associated with technical indicators such as the Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), or Bollinger Bands. If the stock breaks out, it could indicate a positive trend, which these indicators might confirm.

Market Perception:
The market's perception of Yong Tai Berhad's prospects could improve if the stock price breaks out. This could be due to positive market buzz, industry trends, or company-specific news12.

Company Fundamentals:
It's important to consider the company's fundamentals, such as earnings, revenue, and profit margins. If the company's financial performance supports the price increase, the breakout could be more meaningful. However, if the company's fundamentals are weak, the breakout price might not be sustainable34.

Industry Trends:
The performance of the Real Estate industry in Malaysia, where Yong Tai Berhad operates, could influence the stock's movement. If the industry is performing well, the stock might benefit from industry trends45.

In conclusion, if Yong Tai Berhad's stock price breaks out above the 0.425 price target, it could be a positive signal for investors, potentially leading to increased investor confidence and a rise in the stock price. However, it's crucial to consider the company's fundamentals and the broader market context to assess the implications of such a breakout fully.

sangjero

660 posts

Posted by sangjero > 1 week ago | Report Abuse

0.25 to 0.75....HOLD.....

KEEP IN THE FREEZER.....WAIT FOR TOWKAY'S SIGNAL

sangjero

660 posts

Posted by sangjero > 1 week ago | Report Abuse

towkay and Gang still accumulating below 0.26........follow

Posted by Dividend4You > 1 week ago | Report Abuse

just wait near 0.20

Posted by notinside751 > 1 week ago | Report Abuse

still got show?

Posted by biggie0000 > 6 days ago | Report Abuse

downfall start alrdy

Mar2083

864 posts

Posted by Mar2083 > 3 days ago | Report Abuse

Potentially may test 25sen next week

sangjero

660 posts

Posted by sangjero > 21 hours ago | Report Abuse

accumulate as much as you can....


BUY call @ 0.30

Target1: 0.33
Target2: 0.36
Target3: 0.43
Target4: 0.46

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