BursaWaveTrader

YBS EW wave count

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MYX:YBS   YBS INTERNATIONAL BERHAD
YBS

1) Price still in wave 4 of 5 with ABC regular flat setup completed.

2) If price can break the 370 resistance, price may trend towards channel trendline between 430 to 450.

3) If price breakout from the channel, this may confirm that primary wave 5 has started.

4) If price failed to breakout from channel, it may go down to form WXY complex correction.

5) Support 330.

FA wise, if they can maintain next few quarters around the same results, PE20 fair price is 40sen, PE25 is 51sen, PE30 61sen

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