RHB Retail Research
Technical Analysis - YTL Corporation
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YTL Corporation may trend higher after it continued holding above the MYR0.915 support. Yesterday’s candle sent the stock to its 1-month high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR1.06 level, with an exit set below the MYR0.915 threshold. Towards the upside, the near-term resistance is at MYR1.17. This is followed by the MYR1.31 level.
Source: RHB Securities Research - 20 Jun 2018
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