Technical Analysis May 2018: YTLPOWR (6742)
YTL POWER INTERNATIONAL BHD
Observation from Chart:-
YTLPOWER forming lower high & lower low.
Will it breakout downtrend resistance level ?
Other indicator:-
MACD at negative region, downtrend sign.
Stochastic %K on BUY call itinerary.
Immediate resistance @ RM0.86 level
Subsequent resistance @ RM0.90 level.
Immediate support @ RM0.73 level.
Subsequent support @ RM0.70 level.
Let's watch closely.
YTLPOWER providing administrative and technical support.
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Source: "Multi Management & Future Solutions"