Monday, May 28, 2018

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.

1 comment:

  1. YTLPOWER providing administrative and technical support.

    You can find us. Providing trading services digitally in stocks.

    Source: "Multi Management & Future Solutions"

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