Friday 29 Mar 2024
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KUALA LUMPUR (April 16): RHB Retail Research said YTL Corp Bhd may rebound higher after it continued holding above the RM1.16 support.

In its trading stocks note today, the research house said given that it has formed a white candle for the second consecutive day, the positive sentiment has been enhanced.

“A bullish bias may appear above the RM1.22 level, with an exit set below the RM1.16 threshold.

“Towards the upside, the near-term resistance is at RM1.30. This is followed by the RM1.35 level,” it said.

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