YTL may rebound after bouncing off the 100-day MAV line yesterday. A purchase can be made on a close above RM1.82, with a close below the recent low of RM1.76 as a stop-loss. Look for the stock to retest the recent high of RM2.15, provided that the RM1.98 resistance is violated. The stock will likely trade lower should it close below RM1.76. Strong support is seen at RM1.50.
Source: OSK
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