Thursday, October 6, 2011

Technical Analysis Oct 2011: YTLPOWR (6742)


YTL POWER INTERNATIONAL BHD

Observation from Chart:-

YTLPOWR formed a support at RM1.63 level.

If rebound, immediate resistant would be RM1.77 or MA20 level.

Subsequent resistant would be RM1.87 level.

Other indicator:-
MACD indicator remain at negative region, downtrend sign.
Stochastic %K already trigger buy call.

Let watch closely for rebound.

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

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