Technical Analysis Jan 2013: YTL (4677)
YTL CORPORATION BERHAD
Observation from Chart:-
YTL retest MA100 support level, RM1.78
Will it rebound? How high will it go?
Other indicator:-
MACD moving toward negative region, downtrend itinerary.
Stochastic %K trigger BUY call, pending confirmation.
Immediate resistance @ RM1.84 level.
Subsequent resistance @ RM1.90 level.
Immediate support @ RM1.78.
Subsequent support @ RM1.74
Let's watch closely.
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