RHB Retail Research
Trading Stocks - YTL Power International
YTL Power International was testing the MYR0.75 level in the latest session. A bullish bias may be present above this point, with a target price of MYR0.78, followed by MYR0.81. The stock may take a breather if it cannot breach above the MYR0.75 threshold in the coming sessions. Support may be found at MYR0.685, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 3 Sept 2019
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