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Is YTL making a strong comeback?

This week, YTL Power once again became the focus of the market. Is the surge in stock price hiding a bullish trend? Is it still a good time to buy now?
Personal opinion
I think YTL Power is still very cheap at the moment, and the dividend yield is higher than most Malaysian stocks, so YTL Power is still very worth investing in.
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  • 晴瓦林 : Nowadays, YTLP is mostly bought by retail investors who have missed out due to fear of missing out (FOMO) and speculation, so it rises so quickly in just a few days. It's best not to buy when it has risen significantly. Like now, it's very difficult to establish support, so going down is also very fast. Looking at the fundamentals is useless, if others don't believe YTLP is valuable, similar to bitcoin.

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