3rd wave started on 13/12/24 true? Why down 9 sen today?

OTB

Dear valued members,

Based on TA, the technical chart of YTL Power is bullish now.
The Golden Cross was formed at 3.46.
The share price is higher than the 20-day EMA which is at 3.44.
The share price is higher than the 20-week EMA which is at 3.62.
The Weekly MACD showed a buy signal on 9/12/2024.
It means the uptrend has started and the worst is over.
Once the weekly MACD shows a buy signal, the uptrend will last for a long time.

Resistance to cross
From the bottom at 2.83, 3.44, 3.73 and 3.95 are major resistances to cross.
3.44 and 3.73 resistances are already crossed, the next resistance at 3.95 should be crossed soon.

Elliott Wave theory
From 2.83 low on 22/11/2024 to 3.83 high on 6/12/2024 should be considered as 1ST Wave up.
From 3.83 high on 6/12/2024 dropped to 3.56 low on 12/12/2024, hope that it formed the 2ND Wave down.
I hope this 2ND Wave down is correct at 3.56 low on 12/12/2024 because the candle formed on 12/12/2024 is a blue color Hammer.
I believe the 3RD Wave up which is the most impulsive wave has started on 13/12/2024.

Mishima is a Chinese. Saya pun kena tipu

GE15 got such manifesto?

RHB TP 70 sen tipukah? Why down?

If TP RM 1.53(by TA) true why down today?

What if the fine keep continue and not 1 off? Flood in many places sure govn need money.

Why down 4 sen today if like nothing happened?

OTB where are you? What you do today? Buy more or sold all already? Please tell immediately.

I so popular until mentioned here. I still around. Why down today? EPF still buying?

RM 6.3 TP sure get in 2024 who mentioned before? Why look like farther and farther away with more than 1 month left in 2024?

Down is good to buy or more down ahead?

Who has collect >1% here?

Because >80% belong to those keep promoting here.

SharehlderOppression

Funny how Christina is still running the show
Despite 80% of the company not belonging to her now
She should be more respectful to her current and potential investors

3 days ago

Madani govn anti-corruption? Tipulah.

Madani govn anti-corruption true? Tipulah.

Retail investors picked up CEO Ms Tee shares, not white knight as i3 members claimed.

Pity conartist followers.

Dufu QR out. Why most expensive(among those recommended) can report loss?

Why losing steam lately if Rally true?

Why PH was voted in GE14 & GE15? Not PTPTN abolished among their promises?

82 sen sold. Wait 40+ sen buy back.

Talam shares consolidation coming soon.

Genuine Chain(J Tiasa no 2) is it no more shares to sell? No risk buying now or higher?

Toll free promised, PTPTN abolished, cheaper oil after become PM what happened?

Hexcap(before is Opcom) why no more talk?

Where got everyday up? When reach peak sure fall like other counters.

A good sifu not only must advise his followers what counters to buy but when to sell is equally important so as not to get trapped when share price falls.

Hengyuan, Jaks, Hiaptek and many more counters also OTB promoted before what happen now?

Rafidah want to protect her boss Tony Fernandes?

>5.4 don't sell because greedy want to earn more. 3.4 is it better now?

Dragon328 why got blamed instead not himself?

6.3 TP where? Some more the so-call sifu said will sure get in 2024.

If KPS can't move so Insas can move? Move to where?

TheContrarian

Also have some KPS but the stock can't move.

19 hours ago

If OTB is honest on the day he sold YTL P, he should informed immediately not keep delaying it.

100% agree. That's why my id like to appear here.

Posted by Jonathan168138 > 2 minutes ago | Report Abuse

Shameless liar OTB a veteran TA coach but failed / could not / did not detect the bearish downtrend pattern of YTLP since 1.5 months ago. 2 weeks before MACC raided the YTL Communications this shameless liar still shamelessly promoting his TP 6.30 for YTLP.

2 days after MACC raided the YTL Communications office the shameless liar OTB's macai TanDavid88 accidentally posted OTB already sold all his YTLP at 3.98. Today the shameless liar OTB posted here he sold at 4.20. So already very clearly this OTB is lying!!! He still shameless promoting YTLP 2 weeks before the MACC raid!!! Now share price crashed he changed the story!!!!

This is exactly happened in Jaks, Dayang, Hengyuan, Supermax, Hiaptek and Costal. The same shameless tactic!!!

A person betrayed his own good friend who helped him out from 1998 financial crisis bankruptcy!!!

Honesty is a very expensive gift, Don't expect it from cheap people like shameless liar OTB!!!

So dragon328 is the 1 run from i3?

Why must OTB sold at RM 3.98? His TP not RM 6.3? Is it because of YTL P keep dropping so shifting his goal post?


OTB

I recommended YTLPower at 1.10, sell at 3.98 is already a very good profit.
I never run from I3, all readers in this forum did not complain except a few shameless liars here.
I do not even bother them because they are the barbarians in this forum.
I care if all readers complain to me, definitely not from all shameless liars here.

3 hours ago

OTB also said he very rich earlier.

If foreign funds buy why down 17 sen today and more earlier?

OTB TP RM 6.3 still can reach after QR? Where is OTB today?

Nusantara and Putrajaya same? Nusantara surrounded by forest or jungle. Sure urban people like to live in jungle?

Salary up politicians also untung ma.

All sort of rumour saying Chua Ma Yu, Soh Chee Wen, MCA or even NationGate takeover all are lied. Fact is Ms Tee still no 1 even with reduced 11% stake.

Why must same like Cypark? Some sifu said so? Where is he now?

anghockkeong151177

buy again n accumulate,wait CEB same with wait like Cypark.

6 hours ago

Are you betting on coming QR good? What if not good?

OTB

@cheated,
Very fair, let us wait until 31/12/2024 to know the right answer.
Thank you.

2 minutes ago

CI up 10 pts YTL P still down 4 sen. OTB TP RM 6.3 almost RM 2 behind. YTL P can still reach RM 6.3 next 4 months?

Down 5 sen today could be EPF selling? EPF trade news not immediate but could delay few days.

OTB also hiding? Up yesterday talk a lot.

dragon328 where is he?

So Jaks OTB promoted before? What price OTB promoted now left 15 sen. How about Hengyuan?

Mikecyc

Haha copied n pasted partially:

Jaks - We buy Jaks because of its Hai Duong power plant in Vietnam


OTB
Publish date: Tue, 31 Dec 2019, 11:25 PM
Dear valued readers,

I believe all readers should know that Jaks has a power plant in Vietnam named Hai Duong, it is a joint venture with Chinese firm CPECC. Jaks has 30% stake and CPECC has 70% stake in this power plant. Jaks has an option to own an additional 10% within 3 years of operations.


The power plant
1. The power plant of Jaks is called Hai Duong power plant. It is located in Vietnam.
2. Jaks owns 30% of Hai Duong power plant with option to add 10%.
3. The Power plant of MFCB is called Don Sahong Hydro power plant. It is located in Laos.
4. MFCB owns 80% of Don Sahong Hydro power plant.
The price trend of the power plant
1. I had made a detailed study on the trend (technical chart) of power plants in general.
2. The stock price will go up slow and steady 6 months before the power plant is selling electricity.
3. The stock price of MFCB started to move up north since 2/7/2019, the date to sell electricity is 1/1/2020.
4. The stock price of Jaks started to move up north since 8/10/2019, the date to sell electricity is 1/4/2020.
5. Enclosed are two technical charts of MFCB and Jaks for your perusal.

The reasons why the investors buy power plant 6 months ahead
1. Power generation business is unlike other businesses which depends on supply and demand. There is a big variations on product pricing and its cost.
2. Power generation business is a contractual business with pricing and others stated upfront in the contract agreements.
3. The risks are project delays and unexpected project costs overrun.
4. Big Investors will not give a high PER during the early phases due to the aforesaid risks.
5. Once the project runs smoothly and near completion, a higher PER will be accorded.
6. I am not surprised a PER of 15 will be accorded to both Jaks and MFCB once it started its earning to sell electricity respectively.
7. A steady future income or revenue and cash flow for both Jaks and MFCB with good contractual margins.
Jaks
Please read the below link.
1. https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=4723
2. Q1 2019, Q2 2019 and Q3 2019 results were good.
3. I believe the EPS for 2019 is projected to be 0.18.
My stock selection criteria
Below is my stock selection criteria, I want all of you to remember this keyword "UBS GMF".
Jaks passed 6/6 of my stock selection criteria.

TA comes first
U - Up trending stock - Cross 200-day SMA - Passed
B - Breakout chart - Break above 0.78 - Passed
S - Sector to focus - Construction or Energy - Passed (both)

FA comes second
G - Growth > 17% per year (2020) - Passed
M - Margin of safety > 43% - Passed
F - Forecast current year EPS must be better than the previous year EPS - Passed

Please note that I consider TA ahead of FA in my stock recommendation.

TA reading
1. The share price of Jaks is breaking new high.
2. The share price had breakout from Golden Cross at 0.78 which is very bullish.
3. The price is above 20-day EMA, 70-day SMA and 200-day SMA.
4. MACD signal is above zero level.
5. Stochastic and Force Index showed buy signal which are bullish.
6. Weekly MACD also showed a buy signal, this technical chart will be bullish for a long time.
3 important features appeared in the technical chart
I want the following features to appear in the technical chart so that the probability to win on this stock is very high.
1. The Golden Cross of 20-day EMA to cut above 70-day SMA had been formed on 8/10/2019.
2. The share price of Jaks to be higher than 70-day SMA to create a 3-month high.
3. The Blue and the Red lines of MACD must stay above zero level to show a stronger momentum.

7 minutes ago