Will YTL Power able to support at the nearest defense?
The down trend looks continue if not able to support at the zone of 3.30 -3.50
With the Fibonacci down trend, the latest rebound was not more than 0.382, which indicate weak momentum
YTLPOWR trade ideas
Important to keep profit for YTL Power
Head and shoulder pattern going to form
YTL power broken 200 days long term trend, a new low seen, a rebound is expecting in short term
Critical price broken at 4.00
Strong support to see at 2.20-2.50
YTL Power rebound this week take profit as fast as possible
The critical price broken of 4.00 since some days
The 200 days long term trend line broken
The next support see below 2.20 - 2.50
The neckline broken of Head and shoulder pattern, will see a rebound for short term, resistance see at 3.90 -4.00
