Technical Analysis Nov 2011: YTL (4677)
YTL CORPORATION BERHAD
Observation from Chart:-
YTL retest RM1.53 resistant level but unable break through it.
Will it consolidate at support level?
Or further retrace down retest subsequent support level?
Other indicator:-
MACD at positive region, uptrend itinerary.
Stochastic %K trigger SELL call, pending confirmation.
If retrace down, RM1.41 is strong support level.
Let watch closely for entry opportunity.
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