YBS International is set to resume its uptrend after climbing above the MYR0.805 immediate resistance, surpassing the 21-day SMA line.
RHB Retail Research in a note today said the bullish bias above this level would drive the stock higher towards the MYR0.84 recent high, followed by the MYR0.90 mark.
On the flip side, falling below the MYR0.75 support negates the bullish setup.
Censof Holdings is observing a technical breakout after climbing above the MYR0.265 immediate resistance on surging trading volume.
As such, the bullish momentum may propel the stock higher towards the MYR0.30 mark, followed by the MYR0.33 next resistance.
However, breaching below the MYR0.235 support would result in the resumption of the correction phase.
