YTL Power is likely to continue to rebound if the stock closes above RM1.80 today. A purchase can be made if this happens, with a close below the week’s low of RM1.75 employed as stop-loss. The price targets are the prior highs of RM1.90 and RM2.00. Should the stock fail to break higher, this could see the return of selling. Supports are een at RM1.70 and RM1.60.
Source: OSK
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