YTL's continued silence and a couple more negative news will bring price to 2.10 then 1.90 then 1.60. Wiping out lots of capitalisation and therefor unable to qualify for major infrastructure projects. This company is then toast.

Once the cronies have collected huge bunch of cheap shares from the scaremongers, the anticipated "good news" will be released and price recovers enriching these cronies. Meanwhile, all technical support level, moving averages, supply zones have been smashed, now the 2.10 demand zone must hold the fort. Otherwise Uncle Yeoh will see his empire burn all the way back down to 1.50. Time will tell how the story evolves.

On watch for breakout from symmetrical triangle ...

Forming Triple Top with Friday's run up with eventual pull back support at 2.10 - 2.18 area. DYODD.

Triple Bottom support at 2.12 area must hold, hopefully buyers will come in here. If not, price will lau zhai to 1.95 / 1.88 area especially is any bad news such as https://www.nst.com.my/business/corporate/2024/02/1016228/analysts-question-viability-kl-singapore-hsr-project-rm120bil

Is a pennant forming ... flagpole created week of 2nd Jan ...

Backtesting 2.42 ......, resistance turned support. UBS Group AG increased stake again .... good news, Lets see if YTL can scale to new ATH if can break out of 2.48 decisively.

Double Top formed on several timeframes, do trade with caution 2.42 is a solid wall full of sellers unloading. 2.42 was rejected several times. Need news to push decisively over 2.42.

The bounce off 30min 200MA last Friday came spot on

A decisive break of supply zone 2.32 area will see a quick spike to retest 2.42 area again, Will need super strong volume momentum to break through the 2.42 rock hard resistance

Will bounce off the 200MA

At ATH in up channel. Will it hit 2.38 next week?