Wednesday, March 29, 2017

Technical Analysis Mar 2017: YTLPOWR (6742)


YTL POWER INTERNATIONAL BHD

Observation from Chart:-

YTLPOWER forming ascending triangle pattern?

Will breakout RM1.54 resistance & go higher?

Other indicator:-
MACD at positive region, uptrend sign.
Stochastic %K on BUY call itinerary.

Immediate resistance @ RM1.54 level
Subsequent resistance @ RM1.57 level.

Immediate support @ RM1.50 level.
Subsequent support @ RM1.47 level.

If able breakout RM1.54, higher is confirm. Uptrend will resume.

Let's watch closely.

0 comments:

Post a Comment