Tuesday, December 6, 2016

Technical Analysis Dec 2016: YTL (4677)


YTL CORPORATION BERHAD 

Observation from Chart:-

YTL succeed breakout downtrend resistance level.

How high will it go?

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

Immediate resistance @ RM1.60 level.
Subsequent resistance @ RM1.64 level.

Immediate support @ RM1.50 level.
Subsequent support @ RM1.44 level.

Let's watch closely.

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