Boom
$YTLPOWR (6742.MY)$ Good Afternoon brothers & sisters, After the support broke down of bull trap that I posted a month ago.It is confirmed that we are gonna see lower. After 4 months since I posted here Thoughts on YTLPOWR, how many of you guys trusted me when I said we are gonna see the price at RM2.5? Are you DCA-ing or are you selling?
From my analysis, I expecting the price will go furthur down as low as RM 1.22. As I told you before, there’re bunch of liquidity need to be grab for sellers. if you don’t know what this mean, check my previous post.
The next strong support I see is around RM1.70 to RM2.5. I believe the news will push even more. Chart comes first, then news helps to push. All of these are the Big Whales playing games as I mentioned. Learn from the charts that have been experienced, so you know what’s going to happen next.
That’s all I have, happy investing brother & sisters! Have a good weekend!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
friso : when do you expect price go down to 2.5? in few days? and how long you see recovery back to 4 base on you analysis?
SmartmoneyMY OP friso : Probably in few months, I’m expecting KLCI index to have a pull back from 1,600 to 1,400 and bounce. No confirmation signal of when to go back to 4 yet. Once I see some bullish signal I’ll post it here. Until then, stay tuned. Cheers.
Dragon Fish : Another chartist poured cold water again. Add more salt to the wounds.
我是奶龙_00后 : Yea..I have talked about it since CNY 2024... Good Luck