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YTL POWER INTERNATIONAL BHD YTLPOWR (6742)

1.310 0.010 (0.77 %)

High: 1.310     Low: 1.290     Vol: 1,231,800 Average Vol: 15,502

last updated: 1-Nov-2017 4:56 PM

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[YTLPOWR] Consolidation done?

Seems to be breaking out from a consolidation sideways movement since June. Targeting a 30 cents move to RM2.60 soon?
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price up to 1.81 ady, since YTLPOWR breaked thru resistance line 1.79/1.80, it will oways stay above 1.79/1.80, and rise up above this support line.
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it's a good to keep YTL POWR for long term,their main biz is major electrical power generation supplier in msia, sg, indonesia,england,australia. As we know, human population will always increase, so electric demand always increase. So such potential energy sector share will definitely uptrend for long term. Besides, YTLPOWR have ambitious to developed high-speed YES 4G wifi coverage all around msia. If they success,share will sure jump alot.If YES 4G not so success, they still have their long-run core biz in electric generation biz.
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