Observation from Chart:-
YTLPOWER retest MA200 level.
Will it break through the resistance?
Other indicator:-
MACD at positive region, uptrend sign.
Stochastic %K at SELL call itinerary.
Immediate resistance @ MA200 level
Immediate support @ MA20 / MA50 level.
It would be an opportunity, if able form a reversal @ support level.
Do watch out, potential distribution of Treasury Shares as Dividend. Cumulative net outstanding treasury shares as at to-date (25/6/2013): 233,221,745 units Let's watch closely. |
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