Wednesday, February 15, 2012

Technical Analysis Feb 2012: YTL (4677)


YTL CORPORATION BERHAD

Observation from Chart:-

YTL is forming bolinger band squeeze.

Will it break out? Or further consolidate?

Other indicator:-
MACD moving toward negaive region, downtrend itinerary.
Stochastic %K not yet trigger BUY call.
If break through RM1.54 resistance, uptrend will be continue.
If break down RM1.47 support, next support level will be RM1.39

Let watch closely for entry opportunity.

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