$YTLPOWR Overview

Right now it still holding on RM4.60 in the Buy Zone, Let's see if can react on it and continue to go higher.

At the same time, I also mentioned about this could a be trap, I personally think this would be more likely going to happen.  

Now it's more likely going to happen in the next few months. So why do I said that?
1. The First Signal I saw is that we have Bearish Divergence on the Weekly Time Frame.
2. We have broke the Parabolic Trend line.

3. We have a Big Fair Value Gap which is the Liquidity Pool (Green Box) that the Big Makers wants to eats the small fish money at that price, the more bigger FVG, the more chances going to happen.  Note: The Whales like to eat as much small fish as they can in the Big Sea.

Combining with the golden Fib level, more likely to going to see the price at RM 1.70 to 2.50.

Like I mentioned from my previous post, I tend want to see this scenario before going All Time High.

I could be wrong or right, depends on you and how you manage your capital risk. Just giving you the heads up on what's going to happen to prepare. But ARE YOU PREPARED? To me, if I'm having a position right now, I would DCA 10% to 20% each -20% down. I wouldn't enter if it's just -3% down, that just make your portfolio even hard to average down. That's all for now and have a great investment day brothers and sisters.