YTLPOWER broke resistance and up up..

Kim Hyun Joong

In Malaysia, when something good happens such as win jackpot and stock went up, we will normally praise handsome ( English) or Leng Chai ( Cantonese). Well for this YTLPOWER it is very handsome yesterday :). Let hope that today also will be handsome and break above 2.25 !!
















Observation
1) Trendline - Uptrend , broke the downtrend with a long white candle(  Bullish)
2) Formed lower low- Bearish and let waited for the next signal whether higher high or lower high
3) MACD - bullish crossover (Bullish) but it need to move above 0 to show it will be a long term continuous uptrend
 4) RSI -broke above 30% a(bullish)
5) Sto -Broke above 20% and bullish crossover ( Bullish)
6) ADX - weak momentum and bullish
7) Candle Stick -  White Candle ( Bullish)

0 Points

 7 Points







Conclusion

Winner BULL

Broke the resistance but many more hurdles to pass..

Entry Price 2.26
Resistance at  & 2.25, 2.28 ,2.31, 2.36 and 2.39 ( Wow many small resistance)
Support at 2.22



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