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WITHOUT DISCIPLINE YOU CANNOT ACHIEVE SUCCESS, IN ANY FIELD

Sunday, March 24, 2013

YTL Power International Bhd (YTLP.KL)

Overview:
YTL Power International Berhad is an investment holding company, which provides administrative and technical support services. It operates in five segments: power generation, multi utilities business, Water and sewerage, mobile broadband network and Investment holding and other businesses. Its subsidiaries are engaged in provision of wired line and wireless broadband access; developing and marketing voice over Internet protocol telephony and other network media appliances for service provider and developing, constructing, maintaining and operating power plants; providing public entertainment and waste water services. In November 2012, it acquired YTL Infrastructure Limited. In December 2012, YTL Power Investments Limited, an indirect wholly owned subsidiary of the Company incorporated in the Cayman Islands, had disposed of all its interest in Swiss Water System AG. In December 2012, it incorporated two corporations, namely Sword Bidco Limited and and Sword Bidco (Holdings) Limited.


Trading Plan:

1) Trendline: Still below 20MA, waiting for 20MA breakout.
2) Volume: High
3) MACD: Red (Positive>Bearish). Wait for second green when rebound.
4) Smoothed RSI : Waiting to break 20%.
5) Support/Resistance: --
6) Stochastic: Wait for Blue line crossover red line.
7) Beta: 0.61
8) Candlestick: Inverted Hammer
9) Pattern: --

Entry: RM 1.35
Profit: RM 1.50
Cut loss: RM 1.30
RRR (Risk to Reward Ratio) is 1 : 3

Thanks for the comments.


Tok




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