Thursday 14 June 2012

Daily Trading Stocks : YTL Corp

YTL’s upward climb should continue as long as it closes above the psychological RM2.00. A purchase can be made above that level, with a close below it as stop-loss. The price target is RM2.15, based on the Fibonacci extension. A failure to hold above RM2.00 may see the stock trading sideways, with strong supports at the gap of RM1.92 and the prior high of RM1.80.


Source: OSK

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