Tuesday, 4 September 2012

Stock Overview - YTL - 5 Sept 2012

YTL ( 4677 : 1.84 ) : Targeting 2.06/Stop loss 1.77

Description

Resistance : 2.00 2.06
Support : 1.77

RSI of 45
RSI is recovering

STOCHASTIC
It is oversold

Comment
It appears to be developing a positive inverted Head and Shoulder, to target 2.06

Trading Strategy
Buy. Stop loss is at 1.77

Source:Jupiter Securities Research 05 September 2012

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