Tuesday, 28 Feb 2012 YTL – Stock Pick

YTL ( 4677 : 1.52 ) : Stop loss 1.42
Description
Resistance : 1.72
Support : 1.42
RSI of 54
RSI is recovering
STOCHASTIC
It has started to turn upwards
TREND INDICATOR
Sideways
Comment
The recent recovery from its oversold position, indicates that it has bottomed out. It is likely to be heading up
to 1.72. A tight stop loss should be placed at 1.42
Trading Strategy
Buy. Stop loss is at 1.42

Disclaimer
This report is provided for information purposes only. It is not a complete analysis of every material fact respecting any company, industry, security or investment. Opinions expressed are subject to change without
notice.