Monday, December 10, 2012

Technical Analysis Dec 2012: YTL (4677)

YTL CORPORATION BERHAD

Observation from Chart:-

YTL succeed break through RM1.79 resistance level.

How high will it go?

Other indicator:-
MACD trade at positive region, uptrend itinerary.
Stochastic %K on BUY call.

Immediate resistance @ RM1.84 level.
Subsequent resistance @ RM1.90 level.

Immediate support @ RM1.79.
Subsequent support @ RM1.74

Let's watch closely.

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