Saturday, November 21, 2015

Technical Analysis Nov 2015: YTL (4677)


YTL CORPORATION BERHAD 

Observation from Chart:-

YTL is heading retest RM1.46 support level.

Will it rebound?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K on SELL call itinerary.

Immediate resistance @ MA20 level.
Subsequent resistance @ MA50 / MA100 level.

Immediate support @ RM1.46.
Subsequent support @ RM1.42

Let's watch closely.

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