YTL POWER INTERNATIONAL BHD
Observation from Chart:-
Since 14 oct 2011, YTLPOWR keep trading between RM1.73 & RM1.88 range.
We may observe that YTLPOWR is forming bolinger band squeeze.
Will it break up or down?
Other indicator:-
MACD indicator remain side way. No obvious sign.
Stochastic %K still on BUY call.
Strong resistance would be RM1.87 level.
Strong support would be RM1.73 level.
Let watch closely for break out.
Observation from Chart:-
Since 14 oct 2011, YTLPOWR keep trading between RM1.73 & RM1.88 range.
We may observe that YTLPOWR is forming bolinger band squeeze.
Will it break up or down?
Other indicator:-
MACD indicator remain side way. No obvious sign.
Stochastic %K still on BUY call.
Strong resistance would be RM1.87 level.
Strong support would be RM1.73 level.
Let watch closely for break out.
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