YTL POWER INTERNATIONAL BHD
Observation from Chart:-
YTLPOWER break down RM1.65 support level.
What's next support level?
Other indicator:-
MACD at negative region, downtrend sign.
Stochastic %K trigger SELL call.
Due to break down the support, it might be facing high selling pressure
Next support @ RM1.53 level.
Immediate resistance @ RM1.65
Subsequent resistance @ MA20 level.
Let's watch closely.
Thursday, October 4, 2012
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