YTLPOWR: Forming its Bottom?
$YTLPOWR (6742.MY)$ been retracing over the past 5-6 months here since breaking out towards its RM 5.30+ all time high levels.
For now still trading on a downtrend channel on the daily chart here but seems to have formed a solid support around the RM 3 levels.
If able to breakout from its RM 3.25 resistance level, that will be a first sign of recovery.
Added to watchlist as I still expect YTLPOWR to benefit huge from the data center boom.
Support: RM 3.10, RM 3 areas
Resistance: RM 3.25, RM 3.30, RM 3.50 areas
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