Wednesday, June 14, 2017

Technical Analysis Jun 2017: YTLPOWR (6742)



YTL POWER INTERNATIONAL BHD 

Observation from Chart:-

YTLPOWER forming bolinger band squeeze?

Will it retest RM1.41 support level ?

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

Immediate resistance @ RM1.53 level
Subsequent resistance @ RM1.57 level.

Immediate support @ RM1.41 level.
Subsequent support @ RM1.39 level.

Let's watch closely.

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