MYEG may go up today

Thank God it's Friday....
Can buy cheap :D)

Profit taking to press down the price for collection for the next up leg!

Sure or not???
KPS surged so fast....must be something we don't know

Added more today :D)

Should be higher than 0.60 tomorrow

Around 1.55...

I feel it's going up further....
Chart indicators

Profit taking along the way up is normal. Be happy with what you make....

Still collecting...

CIMB RESEARCH:

LCTH Corp Bhd forms bullish "Bottom Triangle" chart pattern
Mar 14, 2017

Recognia has detected a "Bottom Triangle" chart pattern formed on LCTH Corp Bhd (5092:MYX). This bullish signal indicates that the stock price may rise from the close of 0.57 to the range of 0.68 - 0.70. The pattern formed over 48 days which is roughly the period of time in which the target price range may be achieved, according to standard principles of technical analysis.

Tells Me: The price seems to have reached a bottom, showing signs of reversal as it has broken upward after a period of uncertainty or consolidation. A Bottom Triangle shows two converging trendlines as prices reach lower highs and higher lows. Volume diminishes as the price swings back and forth between an increasingly narrow range reflecting uncertainty in the market direction. Then well before the triangle reaches its apex, the price breaks above the upper trendline with a noticeable increase in volume, confirming this bullish pattern as a reversal of the prior downtrend.

This bullish pattern can be seen on the following chart and was detected by Recognia proprietary pattern recognition technology.

3 Cheers for Jaks!!!

In investment, keep it simple.
1 ) Use common sense and logic.
2) Do not be emotional

No need rocket science to understand what he is going to do....

Certainly no play-play like some people may speculate.

I truly believe this is one of his serious decision...

Looks like the new major shareholder is very serious about Company, invested so much and even involve his wife. That is very very SERIOUS! !!

JAKS's technical chart looks interesting and beautiful!
Moving up steadily...
With the right investors on board, we can have a very good return

Then Genting WA will be impacted...right?

Adjust lower by 6.5 sen tomorrow?

Tomorrow 8 March 2017 Ex-Date for special dividend of 6.5 sen per share.
How will this affect the the share price

Expiry of WA is December 2018

WA gearing is 6x
Premium is less than 2%

Isn't it nature that the warrant will catch up of the mother share has gone up?

Why is WA dead?
Care to share?

hng33, thanks for the Genting WA tips...

Wow, all these sifu very savvy...already take profit. Good one! :D)

Resistance/Support level 1 26

Today is Friday and profit taking activities are normal especially after the price jumped so much.

Selling activities especially after 4pm were well absolved, maintaining the price at decent level with high volume (>36 million shares traded).

A good chance for a better performance next week.

Have a nice weekend.

Selling pressure eased and well absorbed...a very Good sign.
Still a buyer market :D)

Cheers!

The gap down was a technical error!
O:)

Unexpected...

The recovery is strong...

There will always be profit taking when share price moves up...normal reaction/action.

Profit taking activities are normal and healthy.

Remember to follow the trend, not against it.

At 1.71, it crossed the higher high line (Jan 11 2016

1.65 now becomes the support level and resistance at 1.80

Based on the chart, it is the beginning of a new uptrend wave...all indicators are bullish!

Very lucky time (spurred by Dow Jones) for further recovery...closing the gap (from the gap down )

Strong uptrend...decisively broken the immediate resistance at 1.65!!!

Current resistance is 1.65

Breaking out from consolidation?

["http:\/\/theedgemarkets.com\/my\/article\/myeg’s-2q-profit-jumps-57-pays-05-sen-dividend?type=corporate"]

Manage your risk is key success...sustainable success!

Your RISK goes up after share price had moved up substantially!

Making IRRATIONAL decision (chasing the stock) when people become GREEDY! Be careful...

Need to break 0.315 to make a strong uptrend

Technical chart...
Uptrend still intact although the climb is slow/weak - higher low

Technical chart...
Uptrend still intact - higher high

Perfect timing!
Wait for the news