YTL CORPORATION BERHAD
Observation from Chart:-
YTL is forming descending triangle pattern.
Will it rebound @ RM1.54 strong support level?
Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K trigger BUY call, pending confirmation.
Immediate resistance @ MA20 level.
Subsequent resistance @ descending triangle level.
Immediate support @ RM1.57.
Subsequent support @ RM1.54
Let's watch closely.
Monday, June 1, 2015
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