In the morning session, YTL-WA & YTL-WB have gained 28 & 20 sen to close at RM4.04 & RM2.66. The mother share, YTL has gained 5 sen only to close at RM6.95. YTL-WA & YTL-WB's exercise prices are RM2.75 & RM4.23, respectively. YTL-WA & YTL-WB have always traded at a discount to the mother share (see the table below).
Nevertheless, the 2 warrants have broken above their respective ascending triangles (see Chart 1 & 2 below). Does this mean that the mother share, YTL will follow suit (see Chart 3)?
Chart 1: YTL-WA's daily chart as at Jan 15
Chart 2: YTL-WB's daily chart as at Jan 15
Chart 3: YTL's daily chart as at Jan 15
1 comment:
Bought YTL @6.95 this morning, but my dealer told me to clear it at 7.00, and I listened to him.
I am feeling sad now. I wish you are my dealer.
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