Thursday, June 22, 2017

Technical Analysis Jun 2017: YTL (4677)



YTL CORPORATION BERHAD 

Observation from Chart:-

YTL forming descending triangle pattern.

Will it breakout the resistance & go higher?

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

Immediate resistance @ RM1.53 level.
Subsequent resistance @ RM1.56 level.

Immediate support @ RM1.46 level.
Subsequent support @ RM1.44 level.

Let's watch closely.

0 comments:

Post a Comment