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AmInvest Research Reports

Author: AmInvest   |   Latest post: Mon, 18 Feb 2019, 09:39 AM

 

Stocks on Radar - YTL Corporation

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YTL Corporation was testing the RM1.25 level in its latest session. With a moderate RSI level, it may trend higher above this point with a target price of RM1.35, followed by RM1.40. Meanwhile, it may turn sideways if it fails to cross the RM1.25 mark in the near term. In this case, support is anticipated at RM1.16, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on further rebound above RM1.25

Target: RM1.35, RM1.40 (time frame: 3-6 weeks)

Exit: RM1.16

Source: AmInvest Research - 1 Oct 2018

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Labels: YTL

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Chart Stock Name Last Change Volume 
YTL 1.09 -0.02 (1.80%) 2,287,900 

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