Friday, September 9, 2011

Technical Analysis Sept 2011: YTL (4677)


YTL CORPORATION BERHAD

Observation from Chart:-


YTL
retest RM1.39 support level.

Will it consolidate above MA20 support level?
Or further retrace down retest subsequent support level?

Other indicator:-
MACD at negative region, downtrend itinerary.
Stochastic %K trigger SELL call, pending confirmation.

If retrace down, RM1.28 is strong support level.

Let watch closely for entry opportunity.

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

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