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FTSE Bursa Malaysia KLCI (^KLSE) 1,646.53 14.83 (0.90%)
updated at: Wed, 09 Dec 2020, 05:25PM MYT

Yinson may rise higher, says RHB Retail Research

YINSON
YINSON
Original Source From TheEdge Publish at Fri, 21 Feb 2020, 08:02AM

KUALA LUMPUR (Feb 21): RHB Retail Research said Yinson Holdings Bhd may rise higher after it recently recovered above the RM7.00 mark.

In a trading stocks note today, the research house said yesterday’s white candle can be viewed as the bulls extending the buying momentum from Feb 14’s upside gap.

“A bullish bias may emerge above the RM7.10 level, with an exit set below the RM6.80 mark.

“Towards the upside, the immediate resistance is at the RM7.50 level, followed by the RM8.00 threshold,” it said.

Top Participation View More
updated at: Fri, 29 May 2020 MYT
Participation (%)
Bought (MYR)
Sold (MYR)
Net
Foreign
( 24,36 % )
2.31 B 2.23 B 77.37 M
Local Institution
( 39,38 % )
3.66 B 3.67 B 0.00 B
Local Retail
( 36,26 % )
3.34 B 3.41 B -0.07 B