Yinson Holdings Bhd

surged higher yesterday for a second consecutive day as approached the RM2.50 level, a crossing of which could mark the end of a consolidation phase.

The share's technical indices have been on climb on strong buying interest. The slow-stochastic rose to 67 points while the 14-day relative strength index gained to 59 points. The daily moving average convergence/divergence (MACD) histogram, meanwhile, has charted a bullish bar to signal strong rising momentum.On the price chart, the share has also broken free of the simple moving averages to reflect the return to an uptrend.