muhammadaniq75

YBS Breakout

Long
muhammadaniq75 Updated   
MYX:YBS   YBS INTERNATIONAL BERHAD
Today, YBS breakout from the resistance RM0.595 with large volume. Based on weekly chart, we can see right now the stocks make a bullish engulfing support with large volume. Not only that, the stock shows a signal of rebound from oversold region as well as start to breakout from MA50. This might be a good start for YBS.
Comment:
Today, the stock breakout with volume as well as rebound from MA30. Moreover, the stock start to move up from oversold region (when we look at weekly chart). This is a good start for YBS.
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