Friday 21 Jun 2024
main news image

KUALA LUMPUR (April 24): RHB Retail Research said YBS International Bhd is set to resume its uptrend after climbing above the 80.5 sen immediate resistance, surpassing the 21-day simple moving average line.

In a trading stocks note on Wednesday, the research house said that the bullish bias above this level would drive the stock higher towards the 84 sen recent high, followed by the 90 sen mark.

“On the flip side, falling below the 75 sen support negates the bullish setup,” it said.

      Text Size