Wednesday 22 August 2012

Daily Trading Stocks- YTL Corp Bhd

YTL may decline after closing at its seven-day low following a failure to break above RM1.95. A position can be exited below RM1.95, with a negative bias confirmed on a close below RM1.75. Further support is at RM1.66. The weak bias is nullified if it closes above RM1.95. In such a case, it may rebound and even test the recent high of RM2.15.

Source: OSK

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