Fool Trader KLSE Research

Overview - YTL - 28 Feb 2012

fooltrader
Publish date: Tue, 28 Feb 2012, 10:01 AM
YTL ( 4677 : 1.52 ) : Stop loss 1.42

Description

Resistance : 1.72
Support : 1.42

RSI of 54
RSI is recovering

STOCHASTIC
It has started to turn upwards

TREND INDICATOR
Sideways

Comment
The recent recovery from its oversold position, indicates that it has bottomed out. It is likely to be heading up to 1.72. A tight stop loss should be placed at 1.42

Trading Strategy
Buy. Stop loss is at 1.42

Source:Jupiter Securities Research 28 February 2012
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Discussions
1 person likes this. Showing 2 of 2 comments

lotsofmoney

What is happening to YTLithout Dr.M, the price seems to be static.

2012-02-28 10:48

newbie

Would love to know that too, all these companies with interwined "guan xi" :)

2012-02-28 11:13

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