YTL Power International may move past the resistance at MYR0.745 as it inched upward and closed at that level due to stronger volume. If the momentum persists to surpass that level, the stock may propel further to hit the MYR0.785 resistance, followed by MYR0.84 – its YTD high. Meanwhile, a drop below the MYR0.715 support may trigger the resumption of a downward correction, forming a “lower low” bearish pattern.
Source: RHB Securities Research - 25 Apr 2022
Chart | Stock Name | Last | Change | Volume |
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Created by rhbinvest | Sep 17, 2024
Created by rhbinvest | Sep 17, 2024