RHB Retail Research
Trading Stocks - YTL Power International
YTL Power International is poised to break above the immediate resistance of MYR0.655. Yesterday, the stock underwent a strong rebound on high trading volume, indicating that strong buying interest has emerged. If the bullish momentum continues, it may break above the resistance and travel towards the next resistance of MYR0.68, followed by MYR0.725. However, the momentum may be softened if it falls below the MYR0.60 support.
Source: RHB Securities Research - 10 Feb 2022
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