Friday, March 4, 2011

Technical Analysis Mar 2011: YTLLAND (2577)


YTL LAND & DEVELOPMENT BERHAD

Observation from Chart:-

YTLLAND retrace down from RM2.05 high to RM1.52 (-25.7%)

As 3 Mar 2011, YTLLAND formed reversal candlestick.

If able rebound, next resistant would be RM1.66 & RM1.85 level.
If the rebound strong enough, it might retest RM2.05 high as well.

If future retrace down, next support level, RM1.50 which also MA100 support level.

Let watch closely...

Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

0 comments:

Post a Comment