Time Cycle Analysis: YTL Power above 3.2 is bullish, below 3.2 is bearish. The strong earning has been inflated by weakening ringgit so a stronger ringgit will erase some profit. April 8, 2024, total solar eclipse will cross North America, passing over Mexico, the United States, and Canada which according to Chinese Ancient Culture this day will associate with...
"The Monday, April 8, 2024, total solar eclipse will cross North America, passing over Mexico, the United States, and Canada. The total solar eclipse will begin over the South Pacific Ocean. Weather permitting, the first location in continental North America that will experience totality is Mexico’s Pacific coast at around 11:07 a.m. PDT." (source:...
>> broken those fast EMA lines, Hull MA red. Not a good sign for me.
>> Pink colour uptrend line as support. But it strong enough?
>> Stochastics down ATM. Just let it down.
>> Always protect downside. Play again when have opportunity.
When the market moves where, and how, and if - these are all unknown. The only thing which we can control is our risk. Focus...
YTLPOWER is displaying signs of potential strength, with an upward trajectory that remains above the EMA50 breakout point. This indicates a possible continuation of the uptrend for the stock
YTL Power has made a power move today. By mid-day, a long candle has formed, driven by volume about the same size as the volume for the full day yesterday. It has been in range-bound trading in the past 9 weeks.
Signs are good for a strong bullish rally. How high will it go? Fib Retracement Ext has TP at 2.50
Overall still overbought (OB).
Con:
> price below Hull MA.
Pro :
>> still support by EMA 7.
WHAT next?
>> Waiting retailers to buy in, price will up, let say 5% 🤔
>> Worst part is GG when operators sell all their tickets.
Let see how it go.
Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's...
Looking at MYX:YTLPOWR for a continuation to the upside. Overall regional peers are lower however, might or might not trigger.
Trigger: RM1.10
STOP: RM1.06
Target: RM1.19
These are my views and analysis and is only used for educational purposes. I am not a financial advisor.
Nothing in the information posted here is intended to be or should be interpreted as...
YTLPOWER. A energy’s related stock which give Average dividend of 6% for past few years. Price possible found its long term “base” with monthly hammer candlestick / pin bar pattern on major support a double bottom pattern
The study is based upon Volume Price Spread Analysis and Momentum
YTLPOWR has shown both Breakout and Momentum.
Close: 0.78
EP: 0.76 - 0.795
SL: 0.68
TP: 0.87/0.96
Disclaimer: This study does not constitutes Buy/Sell per say. Please consult your financial advisor before making any trading/investing decision
YTLPOWR
Rst: 0.785
Spp: 0.755
Highlighted on Monday, 0.755 is safe entry to set your foot. The stock is now affirming its breakout from MA200. Indicators continue to propel higher. The magnitude of surge in MACD suggest bullishness will continue to flourish.
Life is simple...Trade with Simplicity!
*The trend direction: Making reversal down to Uptrend. (Must not break the S2 to maintain the trend)
*The Bottom signal ( BT ) sighted on 29-Aug & 04-Nov (Upward-Green-Triangle).
*Price tested the lifeline (Redline) & close above it on 19-Dec.
*The Bell alert appeared on 25-Nov & 19-Dec, the continuation of the signal of...
