CUTLOST

Agreed, but still a big statement. Need a time frame.

Something's brewing. Unusual activity & volume.

If it comes back to Prestariang, whoever is in the know is going to make a killing. Who needs bribes? This is all clean money, not traceable!! Only need to do this one & you will have enough money for the rest of your life. THINK ABOUT IT.

So is Peter Chai going to let us know if this JV is on? The MOU is valid for 3 months. The announcement was back on May. We should have a statement on this JV soon (about now).

So, how far down can this possibly go? 0.34 or even lower into 0.24! Good fishing.

Wait, not a true shooting star. Wick not long enough, maybe a bit more run tomorrow.

beinvested
No big deal, only selling the mother to buy the son. In & out same pocket except son tend to move faster.

TSMY has made his second blunder. Watch TDM overturn this unwelcome press release. Can they afford to not even reconsider?

Looks like a fine for all the Directors by Bursa Malaysia is likely going by what they did to Kinsteel.
https://www.theedgemarkets.com/article/bursa-malaysia-publicly-reprimands-kinsteel-fines-directors-rm44800

Nothing is going to happen here until at least a week after TDM comes back from China.

Looks like it's heading for 0.40 after closing of the gap 0.47 on 5/3 & 0.475 on 7/3.

Like I have posted earlier 26/3:

"0.47 will close the gap of 0.005 between Mar 5 & Mar 7 This could be the next resistance bottom The real resistance bottom while still creating an up trend is at 0.40 creating 4 bottoms trend line from Dec"
We now have a new gap of 0.525 on 15/4 & 0.515 on 16/4. So we might be able to collect all the way below 0.40 & wait for it to close the gap before getting off.

Round 1
https://www.malaymail.com/news/malaysia/2019/04/15/prestariang-sues-govt-for-rm732m-over-axed-skin-project/1743421

PEACE. LET IT BE.Enjoy the ride, all on the same boat.

So who wants to jump off

From there they could easily get 33% profit if they jump off at 0.535 or 50% if they can pump it further to 0.60

From 0.40 if they pump it again they are going to make high killing again.

Looks like the big boys really have to shake the tree to bring it down to 0.40 if they want to pick up more shares

Might easily end up with a 10% profit on contra for the day!!!

Sellers having problems off loading above 0.50. Below 0.50 is where the serious buyers are waiting.

0.47 will close the gap of 0.005 between Mar 5 & Mar 7 This could be the next resistance bottom The real resistance bottom while still creating an up trend is at 0.40 creating 4 bottoms trend line from Dec

IMHO. The big boys will have to push it further down to panic the huge turnover of 0.535 buyers over the last 2 wks to enable them to come back in

My take 0.515 will crack, but I have make that statement on Friday Goodluck

Buyers are keen on 0.515 but only small lots. Sellers are having problems offloading at 0.52

And dreaming are dangerous precedents for an investor. Make sure you have a cut loss in place. There is always another day. You are only selling shares not your mother.

Sentimentality, wishing, hoping

IMHO it will hit 0.50 Down again tomorrow until monday

It's a down trend Only a matter if time before the sellers take out the buyers at 0.53 if not today will be tomorrow, unless the rocket takes off pass 0.62

Sellers are saying "NO WAY IT IS GOING UP YET". Big volumes, just wait.

Plenty of money in EPF & KWAP. Got nowhere to park. PH should look closer to home instead of overseas.
https://www.thesundaily.my/business/pension-funds-epf-kwap-keen-to-increase-investments-overseas-YC703809

Cryptotrader
That is Kilim international airport of RM 3Bil. Not SKIN

If close anywhere near 0.535 it will be another round tomorrow. Has to go back into 0.565 for tomorrow to be green.

Don't live in denial buyers are being taken out. CAREFUL

There was a huge turnover a couple of days ago. It's got to come back out & create a decent turnover before retracing, unless SKIN news comes out.

Don't take it as gospel. IMHO don't think it will go down that far. Do your own analysis.

The next support resistance level if still on an uptrend based on 3 mths bottoms would be around 0.40

gobu86
“Head & Shoulder” DREAMING.
Certainty, resistance level of the up trend has cracked

Run, dump & pump

Don't be too corny. Only need some big institution to shake the tree with some heavy selling

Buyers are not willing to commit, sellers are very cautious.

indecision for a couple of days. just need a trigger on SKIN. A News will have buyers chasing it all the way pass 0.65. A - news will see it back in the 0.44 range

Indications are we could be seeing some retraction tomorrow. Not sure how far down.

We end up with a Gravestone Doji. That's giving us at any Indication that there are more sellers than buyers,might be due to the high volumes previously.

If it cracks the 0.70 resistance, it will be a whole new ball game.

Technical analysis looks like it is trading in an upward channel with the current new support at 0.53

paulthesotong
Thanks.

paulthesotong
who is "KC n MM will help"?

Shooting Star. For a better understanding this might help.
https://www.youtube.com/watch?v=9HzqRFjcmTc

Investor 999 - Very brave. I am sure KYY will be happy to fill your order. He has a long way to go. Any rebound is a chance for him to get out.

i3lurker - Agree. For every billionaire investor who has made it, there are thousands of small investors being burned. No easy money here, somebody has got to be burned.

GoodBoy - I hate to say this,but I think you are reading it wrongly. The push now is to get it down so that it will create an avalanche of margin call triggers, not up!! Nobody is interested in the warrants. KYY will only look after his own interest first. His no1 priority is to look after his mother's & wife's shares not his I3 followers. He is lucky he has got all these followers. I am sure he has already been caught by margin calls with the turnover volume today.