Technical Analysis Apr 2017: YTLPOWR (6742)
YTL POWER INTERNATIONAL BHD
Observation from Chart:-
YTLPOWER forming bolinger band squeeze?
Will it retest support level ?
Other indicator:-
MACD at positive region, uptrend sign.
Stochastic %K on SELL call itinerary.
Immediate resistance @ RM1.54 level
Subsequent resistance @ RM1.57 level.
Immediate support @ RM1.47 level.
Subsequent support @ RM1.41 level.
If able breakout RM1.54, higher is confirm. Uptrend will resume.
Let's watch closely.
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