Sellers may have taken over after YTL failed a high volume test of the RM2.15 resistance level last week. Liquidation can be made below the 3-day high of RM2.07 and supports are expected at the Fibonacci retracements of the 2-month rally at RM1.90 and RM1.80. However, a close above RM2.15 will cancel the negative bias and it could see the stock trade higher.
Source: OSK
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