RHB Retail Research
Technical Analysis - YTL - Power International
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YTL Power International was testing the MYR1.08 level in its latest session. A bullish bias may be present above this point with a target price of MYR1.16, followed by MYR1.23. The stock may consolidate further if it cannot breach above the MYR1.08 mark in the near term. Support may be found at MYR0.95, where traders can exit upon a breach to limit the downside risk.
Source: RHB Securities Research - 27 Jun 2018
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