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muhammadaniq75
Sep 19, 2023 12:30 PM

YBS in Stage 3? Long

YBS INTERNATIONAL BERHADMYX

Description

Based on the chart, it looks like the stock in the stage 3 but also can be a consolidation. Even though the stock in stage 3, there is a possibility the stock to continue to move upward within the stage 3 range, before it move to stage 4. But, there is also a possibility that this is just a consolidation phase before it moves higher and break above major resistance. Anyway, I think that this stock has a nice setup on weekly chart as it trying to rebound from the oversold region and cross above MA50.
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