I stop here.
Good person will be blessed by god.
Hence I make a lot of money in KLSE.
I make million in YTLPower.
Thank you.

Posted by Zhuge_Liang > 1 hour ago | Report Abuse

Why someone curse you non-stop because of your CB mouth.
Talk nonsense and lies here.

Dayang and Supermx - Made super profit, you need to work for 2 generations in order to make this profit.
Jaks - Earlier investors made money, late comer lost money. Lost a few cents only lah !!

Hiaptek - 60% made profit, 40% lost money. Lost a few cents only lah !!

Hengyuan - First round make money from 6.90 to 19.50. Second round - Lost money.

Overall is still laughing all the way to the bank.
Overall, still make super profit, Genovese needs to work for 2 generations, may be ... I repeat ... may be can earn this amount of money.

No point to find fault here, we still make million from YTL and YTLPower in 2023/4.

Making 5 million or 2 million, no difference to us.
We still feel comfortable with the profit we made.
Thank you for your concerned.

Post removed.Why?

Repost !!

Posted by OTB > 1 day ago | Report Abuse

Posted by Genovese > 28 minutes ago | Report Abuse

Fund switching to other sector loh. Still got people dumb dumb waiting for TP 6.30.

5.40 also don't want to lock profit. Now already dropped 30% from the peak!

Why you so greedy one?? 🤣🤣🤣
----------------------
Thank you for your concerned.
Do not worry about me, I still feel comfortable with the profit made.
Win or lose in the stock market is very normal for me.
I have seen many crashes in the last 30 years, I still have very high confidence about my analysis.
I always win big in every crash.
I see many good opportunities now.

I agreed with you, hope that our leader does not cause any big damage to our bull market in KLSE.
I worry the most is our leader appearance in the international scene, any badmouth will cause these foreign funds to pull out from our KLSE.
I hope he can continue to attract more foreign institutional funds to invest in our KLSE.
The present foreign funds invested in our KLSE in 1H 2024 is about 19.5%.
In 2014 and 2018, the foreign funds invested in our KLSE is around 23.5%.
In 2014 and 2018, our FBMKLCI index hit the new high at 1,895.
If more foreign funds increase their holdings to 23.5% in 2024/5, our FBMKLCI has a chance to move up north to 1,895 again.

I write with facts and figures.

Good luck.
Thank you.

There is an extraordinary gain of 350 million in Q4 2023 PAT, if it is taken out, the actual PAT is 780 million.
Q4 2023 PAT - 1130-350=780
Q1 2024 PAT - 848
Q2 2024 PAT - 845
Q3 2024 PAT - 699

Note :
If Q4 2024 PAT is higher than 780 million, both YoY and QoQ are higher.
The total EPS for FY 2023 is 24.95 sen.
The total PAT for FY 2024 is 3.51 billion.
The total EPS for FY 2024 is around 0.43.

Good luck tomorrow.
Thank you.

YTL Power International Bhd, the group's utilities arm, reported a 2.0 per cent increase in revenue to RM22.32 billion, compared to RM21.89 billion the previous year.

Its net profit soared by 73 per cent to RM3.51 billion, up from RM2.03 billion a year earlier.
-------------------
Q1 2024 PAT - 848
Q2 2024 PAT - 845
Q3 2024 PAT - 699
Q4 2024 PAT - 1,118
Total PAT = 3.51 billion.

Good luck tomorrow.
Thank you.

Posted by UncleFollower > 9 minutes ago | Report Abuse

200 x 1M = minimum MYR 200M!!! OTB pls post more share with us we wanna make millons too. The more the merrier, stock market need not be zero sum game, look at USA, market go up EVERYONE make money, good for you good for everyone 👍👍👍
----------------
I recommended YTLPower in I3 at 1.10.
Yes, make million from this stock.
Thank you.

Post removed.Why?

Posted by Genovese > 28 minutes ago | Report Abuse

Fund switching to other sector loh. Still got people dumb dumb waiting for TP 6.30.

5.40 also don't want to lock profit. Now already dropped 30% from the peak!

Why you so greedy one?? 🤣🤣🤣
----------------------
Thank you for your concerned.
Do not worry about me, I still feel comfortable with the profit made.
Win or lose in the stock market is very normal for me.
I have seen many crashes in the last 30 years, I still have very high confidence about my analysis.
I always win big in every crash.
I see many good opportunities now.

I agreed with you, hope that our leader does not cause any big damage to our bull market in KLSE.
I worry the most is our leader appearance in the international scene, any badmouth will cause these foreign funds to pull out from our KLSE.
I hope he can continue to attract more foreign institutional funds to invest in our KLSE.
The present foreign funds invested in our KLSE in 1H 2024 is about 19.5%.
In 2014 and 2018, the foreign funds invested in our KLSE is around 23.5%.
In 2014 and 2018, our FBMKLCI index hit the new high at 1,895.
If more foreign funds increase their holdings to 23.5% in 2024/5, our FBMKLCI has a chance to move up north to 1,895 again.

I write with facts and figures.

Good luck.
Thank you.

I will definitely buy and hold until 2025.
I am not a short term trader unless the fundamentals changed.
I buy YTLPower at 1.10 in 2023, I still hold it at 4.36 today.

I never badmouth any stock even I dislike the stock.
Please do not sabotage all poor investors unless the fundamental of the stock is very bad.
The fundamental of Notion is very good.
kkwong13 and I write with facts and figures.

I recommended Supermx at 3.60 in 2020, the share price of Supermx went up to a new high at 24.50.
Many attackers attacked me day and night, I just ignored them and finally I sold all my Supermx > 20.00.
I made the most profit in my whole life on Supermx in 2020.
All records are still in I3.

Good luck.
Thank you.

The latest quarter Q2 2024 of Vstecs is 4.30 sen, the share price of Vstecs is 3.52.
The target price of Vstecs is said to be set at 6.00.

The latest quarter Q3 2024 of Notion is 3.90 sen, the share price of Notion is 1.72.
The target price of Notion is said to worth 30 to 50 sen only.

Both stocks are classified as "Technology" stocks. They are involved in "AI data centres" directly or indirectly.
I believe they (both stocks) will perform well.

Go and check all "Technology" stocks listed in KLSE, if the EPS per quarter is > 3.90 sen, what is the current share price ?

Vstecs = 3.38, EPS = 4.30 sen.
Notion = 1.72, EPS = 3.90 sen.
Greatec = 5.20, EPS = 2.55 sen.
MPI = 36.80, EPS = 16.47 sen.
Unisem = 3.47, EPS = 1.04 sen
PIE = 5.63, EPS = 4.46 sen
Mi = 2.28, EPS = 3.09 sen
Frontkn = 3.94, EPS = 2.12 sen
Inari = 3.55, EPS = 1.97 sen

I write with facts and figures, all data are just updated recently.
Decide yourself.
Good luck.
Thank you.

Please focus on the fundamentals of the stock.
Please do not waste time to attack the writer here.
A good fundamental and undervalued stock is very difficult to come by nowaday.
We should focus on the stock to win big.
I write with facts and figures, verify yourself and do not simply buy if you disagreed.
The final decision is always yours.
I will stop my posting here, not worth my effort.

Good luck.
Thank you.

The gain on Supermx and YTLPower is at least a few hundred %.

The loss on Jaks is only a few cents only for late comers.
For earlier investors on Jaks, they are still making profit.
Please talk with facts and figures.
Thank you.

The share price is 6 months to a year ahead of economy.
I am using my projected EPS for FY 2025 to derive the target price of YTLPower.
I do not use a single quarter result.
Thank you.

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

Go and check all "Technology" stocks listed in KLSE, if the EPS per quarter is > 3.9 sen, what is the current share price ?

Unisem = 3.47, EPS = 1.04 sen
PIE = 5.63, EPS = 4.46 sen
Mi = 2.28, EPS = 3.09 sen
Frontkn = 3.94, EPS = 2.12
Inari = 3.55, EPS = 1.97 sen

Is Notion a goreng stock ?
You should know the right answer.
Thank you.

I recommended YTLPower at 1.10 in 2023, the share price of YTLPower closed at 4.36 today.
I still hold this stock until today.

I recommended Supermx at 3.60 in 2020, the share price of Supermx went up to a new high at 24.50.
Many attackers attacked me day and night including one female attacker in I3, I just ignored them and finally I sold all my Supermx > 20.00.
I made the most profit in my whole life on Supermx in 2020.

Beside YTLPower and Supermx, those readers who followed my recommendation in I3 since 2012 until today, I strongly believe they still make a fortune.
They are laughing all the ways to the bank.

On Supermx alone, at least more than 200 readers in I3 became millionaires.
They wrote to me and thank me to promote Supermx so strongly in I3.
I received at least > 200 emails from these readers.

I have my good records to show in I3, these records are still in I3.
I am the champion in I3 stock pick competition in 2015 and Runner up in 2016.
I never badmouth any stock in I3.
I never attack anyone in I3, I always help all readers in I3.
I am unpopular among a few attackers in I3, the number of attackers can be counted using fingers only.
Is it the correct benchmark to measure "unpopular" in I3 ?
I stop here.
Thank you.

@kkwong13,
Thank you for your explanation.
If Notion can deliver the below type of result will be super.

Posted by sumbody > 2 hours ago | Report Abuse

Assuming Rev is RM1b in FY 2025, PAT and EPS will be RM160m and 31.2 cents respectively.
---------------
Thank you sumbody.

Good luck.
Thank you.

Please note that the stock market is at least 6 months to a year ahead of economic performance.
In 2013, the GDP growth was only 4.69%, the FBMKLCI index closed at 1,867.

The highest point for FBMKLCI index in 1H2024 is 1,638.
Hope that FBMKLCI index will close at a new high (higher than 1,638) in 2024.
Good luck.
Thank you.

Please note that the stock market is at least 6 months to a year ahead of economic performance.
In 2013, the GDP growth was only 4.69%, the FBMKLCI index closed at 1,867.

The highest point for FBMKLCI index in 1H2024 is 1,638.
Hope that FBMKLCI index will close at a new high (higher than 1,638) in 2024.
Good luck.
Thank you.

The actual Q2 2024 GDP growth announced today is 5.9%.
This high GDP growth is the highest in the Asian region.

I believe this high GDP growth announcement today will help to move up the KLSE stock market as a whole.
I believe 2H2024, KLSE will perform better than 1H2024.

Good luck.
Thank you.

The actual Q2 2024 GDP growth announced today is 5.9%.
This high GDP growth is the highest in the Asian region.

I believe this high GDP growth announcement today will help to move up the KLSE stock market as a whole.
I believe 2H2024, KLSE will perform better than 1H2024.

Good luck.
Thank you.

Posted by kkwong13 > 17 hours ago | Report Abuse

This Notion is still not factor-in the price appreciation even it hit $2.44 at highest point because its revenue is continue climbing from RM93mil to RM135mil in past 3 Qtr, impressively its earning up 150% growth. Notion's top mgmt already stated in TheEdge confidently last May'24, its revenue estimate to hit triple to RM1bil revenue in financial reporting by year 2025, begin its operation by mid/late Q4'24.

How do you define a company share price already price in, what is the timeline? Do you know if revenue can grow 3x triple, how much is the earning PAT will be? Its not a 1:1 ratio as of if revenue up 3x then earning PAT is the same. Wise versa, it can go beyond 6x or more as operation cost is fixed, once it hit its operation breakeven cost, every single +RM1 ringgit gain on revenue will convert to earning PBT, then minus tax it will be very significant to earning PAT.

Look ahead deeper on it reporting revenue Q1 to Q3, it revenue gain +RM42mil (RM93.7mil (Q1)--> RM135mil (Q3)), increase of +44%, but its earning PAT rose to +151% (RM8mil (Q1) --> RM20.1mil (Q3). See the different..
-----------------------
@kkwong13,
Based on your above calculation, please give your Revenue and PAT for Q1 2025.
Assuming the revenue for FY 2025 is about 1 billion.
Thank you.

Posted by michaelwoo > 8 minutes ago | Report Abuse

Very depressing to see price been pressed down everyday. OTB and dragon seeking your views on this.
-------------------
Nothing much can be done, I just hold on to the share.
I believe the share price is supported around 4.35.
Good luck.
Thank you.

Natgate is officially announced by the CEO of Nvidia that Natgate is the official contractor of Nvidia in Malaysia.

The recent private placement proceeds around RM429 million are invested in mass production of AI servers which will be ramped up in 2HFY2024, this investment will bring in huge profit for Natgate.

Good luck.
Thank you.

The GDP of Malaysia in 2023 is 3.7%.
The projected Q2 2024 GDP is estimated to grow at 5.8%.
The actual Q2 2024 GDP growth will be announced on 16/8/2024.
This high GDP growth is the highest in the Asian region.
The Malaysian government expects to achieve a GDP of >6% for the next 5 years.

I believe this high GDP growth announcement will help to move up the KLSE stock market as a whole.

Good luck.
Thank you.

The GDP of Malaysia in 2023 is 3.7%.
The projected Q2 2024 GDP is estimated to grow at 5.8%.
The actual Q2 2024 GDP growth will be announced on 16/8/2024.
This high GDP growth is the highest in the Asian region.
The Malaysian government expects to achieve a GDP of >6% for the next 5 years.

I believe this high GDP growth announcement will help to move up the KLSE stock market as a whole.

Good luck.
Thank you.

The share price will not move up north if there is no growth in EPS.
No one can move up the share price if the fundamentals are not there.
Hope that the EPS for next quarter result should be better than 3.90 sen.

The target price set by HLIB and Nomura is 3.28 and 3.51 respectively.
According to the management of Notion, FY 2025 result will be better than FY 2024.
The last quarter result, EPS is 3.90 sen.
Assuming EPS for FY 2025 is 4.0 x 4 = 16.0 sen, at a PER=20, the target price at 3.20 is achievable.
Among all the brokers in town, I always trust HLIB's report, its report is always very accurate.

The latest quarter Q2 2024 of Vstecs is 4.30 sen, the share price of Vstecs is 3.52.
The latest quarter Q3 2024 of Notion is 3.90 sen, the share price of Notion is 1.73.
The target price of Vstecs is said to be set at 6.00.
What about the target price of Notion to be set at 3.28 ?
You should know the correct answer.
In actual facts, the share price of Notion is undervalued.
Both stocks are classified as "Technology" stocks. They are involved in "AI data centres" directly or indirectly.
I believe they will perform well.

When all brokers in town do not believe the fundamentals of Notion, they imposed cash upfront restriction on all clients to buy Notion shares.
The share price of Notion skyrocketed up the roof to a new high at 2.44.

The fundamentals are shown and proven on the latest quarter result now, a few brokers have uplifted cash upfront restriction, but the share price failed to perform.
I am quite disappointed on the poor performance of the share price of Notion.
Hope that this stock will reward us accordingly if we buy and hold for a bit longer term.

I write with facts and figures.
Good luck.
Thank you.

The latest quarter Q2 2024 of Vstecs is 4.30 sen, the share price of Vstecs is 3.52.
The latest quarter Q3 2024 of Notion is 3.90 sen, the share price of Notion is 1.73.
Definitely the share price of Notion will not drop to 0.30.

The target price set by HLIB and Nomura is 3.28 and 3.51 respectively.
According to the management of Notion, FY 2025 result will be better than FY 2024.
The last quarter result, EPS is 3.90 sen.
Assuming EPS for FY 2025 is 4.0 x 4 = 16.0 sen, at a PER=20, the target price at 3.20 is achievable.
Among all the brokers in town, I always trust HLIB's report, its report is always very accurate.

The latest quarter Q2 2024 of Vstecs is 4.30 sen, the share price of Vstecs is 3.52.
The latest quarter Q3 2024 of Notion is 3.90 sen, the share price of Notion is 1.73.
The target price of Vstecs is said to be set at 6.00.
What about the target price of Notion to be set at 3.28 ?
You should know the correct answer.

I write with facts and figures and also logic.

Good luck.
Thank you.

Posted by NatsukoMishima > 3 minutes ago | Report Abuse

Once hilb kenyang then u know the true value of this stock around 30 sens !
----------------------
No point to badmouth this stock.
There are many poor investors here.
You should help them to make money rather than to sabotage them.
Never !! never badmouth any stock in I3.
All readers will respect you.
Thank you.

Posted by NatsukoMishima > 56 minutes ago | Report Abuse

I m be very enjoy to see notion drop back to 30 sen !🤣🤣🤣🤣🤣🤣
-----------------------------
I do not think the share price will drop to 30 sen.
The target price set by HLIB and Nomura is 3.28 and 3.51 respectively.
According to the management, FY 2025 result will be better than FY 2024.
The last quarter result, EPS is 3.9 sen.
Assuming EPS for FY 2025 is 4.0 x 4 = 16.0 sen, at a PER=20, the target price at 3.20 is achievable.

Good luck.
Thank you.

Posted by twobits > 5 minutes ago | Report Abuse

Otb,
I just help you to turn a negative qi to a position one.
Do buy me a teh tarik and wantan mee next round.
--------------------
No problem, I can buy both of you shark fin soup or candle light dinner at your convenient place.
Let me know the place.

Back to the technical chart of YTLPower, I believe the share price of YTLPower is bullish now.
Looking at the candles on 5, 6 and 7 August 2024, these 3 candles formed a "Morning Star Pattern" which is also the trend reversal pattern.
The share price of YTLPower closed today is 4.46 which is higher than the high of the candle on 7/8/2024 which is at 4.44.
Both the daily "Morning Star Pattern" and weekly "Dragonfly candle Pattern" displayed a trend reversal pattern.
It means the low at 3.84 on 6/8/2024 is confirmed to be the "Wave c".
I hope the worst is over, and we expect to see a blue sky all the way.

Good luck.
Thank you.

FA report

There is an extraordinary gain of 350 million in Q4 2023 PAT, if it is taken out, the actual PAT is 780 million.
Q4 2023 PAT - 1130-350=780
Q1 2024 PAT - 848
Q2 2024 PAT - 845
Q3 2024 PAT - 699

Note :
The Q4 2024 result will be released at the end of August 2024 (around 23/8/2024).
If Q4 2024 PAT is higher than 780 million, both YoY and QoQ are higher, I believe the share price of YTLPower will start to perform again.
The total EPS for FY 2023 is 24.95 sen.
If the PAT for Q4 2024 is 800 million, total EPS for FY 2024 is 38.65 sen.
There is still a growth of 55% over FY 2023.
The present share price is 4.35, the PER is 11.3 times based on EPS=38.65 sen.

Good luck.
Thank you.

Major Waves 1 and 2

The major Wave 1 was completed on 24/5/2024 (up wave 1,2,3,4 and 5).
The major Wave 2 (down wave a,b and c) was completed at 3.84 on 6/8/2024.
The weekly candle on 9/8/2024 is a blue color Dragonfly Doji, a Dragonfly Doji is a type of candlestick pattern that can signal a potential reversal in price to the downside, meaning that 3.84 is a bottom. Please read the link below.
https://www.investopedia.com/terms/d/dragonfly-doji.asp
The signal is confirmed if the candle following the dragonfly rises, closing above the close of the dragonfly. The stronger the rally on the day following the bullish dragonfly, the more reliable the reversal is.
The major support at 3.84 cannot be broken again if the above down wave c is valid.
The major wave 3 will begin from 3.84 on 6/8/2024 if the share price can breakout from 4.35 in the next few weeks.
The share price of YTLPower will be bullish again once the weekly share price crosses 4.35 convincingly.

Fibonacci Retracement

It should read as follows :-
23.6% - 4.33
38.2% - 3.64
50.0% - 3.08
61.8% - 2.52
78.6% - 1.73
Note :
If the uptrend is strong, the retracement should not be > 38.2%.
Hence the support at 3.84 is very strong, it is not lower than 38.2%.
Please note that the share price is still above 200-day SMA.

Major Wave 3 to unfold
If the share price of YTLPower can break out from 4.35, then the major Wave 3 has begun.

Good luck.
Thank you.

Posted by CaoCao > 1 hour ago | Report Abuse

Another TA analysis.

https://youtu.be/9cR66sxyDTs?si=QKGFKDdiPc2HBXEf
-------------------
I believe this one is correct.
Thank you.

Posted by OTB > 20 minutes ago | Report Abuse

@twobits,
Based on my understanding of Elliott Wave theory, I agreed with your 5 Waves up i.e. 1,2,3,4 and 5.

I do not agree with your a, b and c corrective or down waves count.
I agreed with your a and b (lighter red color) waves.
I believe your wave a (darker red) should be the wave c which ended at 3.84 on 6/8/2024.
I believe the a, b and c (downtrend) waves have been completed.
3.84 is the low of these downtrend wave a, b and c.

I believe your b (darker red) wave should be the start of the new wave which is labelled as 1 Wave up.

The chance of forming a new low at 2.50 is not going to exist unless 3.84 is broken again in the future.
Looking at the present chart, to me, it is very remote to form a new low at 2.50.

My 2 cents comments.
Good luck.
Thank you.
-----------------
@twobits,
Please note that the candles on 5/8/2024, 6/8/2024 and 7/8/2024 formed a Morning Star pattern according to Japanese Candlesticks.
It means 3.84 is the temporary bottom.
The high of the candle on 7/8/2024 is 4.44, if the share price can breakout from 4.44 in the next few days, it really confirm 3.84 is the bottom.
This action confirmed that the down waves a, b and c have been completed.

I believe your b (darker red) wave should be the start of the new cycle which is labelled as 1 Wave up.

Please advise me, I want to learn from you.
I do not want to lose back all my profit if my assumption is wrong.
Thank you.
--------------------------
@twobits,
I checked your plot Fibonacci Retracement data wrongly (upside down).
It should read as follows :-
23.6% - 4.33
38.2% - 3.64
50.0% - 3.08
61.8% - 2.52
78.6@ - 1.73

If the uptrend is strong, the retracement should not be > 38.2%.
Hence the support at 3.84 is very strong, it is not lower than 38.2%.

Thank you.

Want to win in the stock market is not an easy job.
You must be hardworking and spend a lot of time to analyse the stock.
I went through all my bad experience and manage to get it right after 10 years of bad experience.
I spend > 10 hours a day included weekend to analyse the stock.
Not many people willing to do that.

However, this long hours and great demanding job will reward you if you get it right.

My only wish in 2024 is to see this chart unfolding in the next 2 years.
Quote !!
Posted by twobits > 1 minute ago | Report Abuse
primary wave 3 will be ecstatic if the smart money still in.
https://invst.ly/15z6pv
Unquote !!
Good luck.
I stop here.

Thank you.

Noted.
Thank you.

Posted by twobits > 1 minute ago | Report Abuse
primary wave 3 will be ecstatic if the smart money still in.

https://invst.ly/15z6pv
-------------------
Yes. It is the chart of YTLPower I expect to see in the next 5 years.
I hope the major 2nd Wave down is completed at 3.84.
I hope to see we are now at the 3rd Wave up which is the most impulsive wave of the Elliott Wave theory.

My entry cost for YTLPower is 1.10 only.

I follow FA and TA to invest.
I will not buy the best TA stock if FA is not good.

The EPS for YTLPower is 0.46 for FY 2025, the PER=5.4 if the share price of YTLPower drops to 2.50.
YTLPower is the component stock of FBMKLCI. The average PER of the component stock of FBMKLCI is > 15.
Hence it is not logical for the share price of YTLPower to drop to 2.50.

I bought Supermx at 3.60 in 2020, many attackers in I3 attacked me day and night.
I just ignore them and finally I sold most of my Supermx > 20.00.
I made the most money in my whole life from Supermx.

To me, as long as the EPS is still growing, I will continue to hold the stock until the PAT in any quarter result is dropping or not growing, I will sell it.
I strongly believe in the growth of the company.

Good luck.
Thank you for your advice.

Posted by JJPTR > 4 minutes ago | Report Abuse
1. Those who think that recent a-b-c correction is complete, mkt ready to push higher.
-----------------
This action not confirm yet until 4.44 is crossed convincingly.
Good luck.
Thank you.

Posted by OTB > 20 minutes ago | Report Abuse

@twobits,
Based on my understanding of Elliott Wave theory, I agreed with your 5 Waves up i.e. 1,2,3,4 and 5.

I do not agree with your a, b and c corrective or down waves count.
I agreed with your a and b (lighter red color) waves.
I believe your wave a (darker red) should be the wave c which ended at 3.84 on 6/8/2024.
I believe the a, b and c (downtrend) waves have been completed.
3.84 is the low of these downtrend wave a, b and c.

I believe your b (darker red) wave should be the start of the new wave which is labelled as 1 Wave up.

The chance of forming a new low at 2.50 is not going to exist unless 3.84 is broken again in the future.
Looking at the present chart, to me, it is very remote to form a new low at 2.50.

My 2 cents comments.
Good luck.
Thank you.
-----------------
@twobits,
Please note that the candles on 5/8/2024, 6/8/2024 and 7/8/2024 formed a Morning Star pattern according to Japanese Candlesticks.
It means 3.84 is the temporary bottom.
The high of the candle on 7/8/2024 is 4.44, if the share price can breakout from 4.44 in the next few days, it really confirm 3.84 is the bottom.
This action confirmed that the down waves a, b and c have been completed.

I believe your b (darker red) wave should be the start of the new cycle which is labelled as 1 Wave up.

Please advise me, I want to learn from you.
I do not want to lose back all my profit if my assumption is wrong.
Thank you.

@twobits,
Based on my understanding of Elliott Wave theory, I agreed with your 5 Waves up i.e. 1,2,3,4 and 5.

I do not agree with your a, b and c corrective or down waves count.
I agreed with your a and b (lighter red color) waves.
I believe your wave a (darker red) should be the wave c which ended at 3.84 on 6/8/2024.
I believe the a, b and c (downtrend) waves have been completed.
3.84 is the low of these downtrend wave a, b and c.

I believe your b (darker red) wave should be the start of the new wave which is labelled as 1 Wave up.

The chance of forming a new low at 2.50 is not going to exist unless 3.84 is broken again in the future.
Looking at the present chart, to me, it is very remote to form a new low at 2.50.

My 2 cents comments.
Good luck.
Thank you.

@Mikecyc,
David and Zhuge stayed in KL.
They are very good students, they never attack anyone in I3.
They also do not badmouth any stock in I3.
These are my rules I set for them, they never deviate from the strict rules.

I prefer to stay out of this forum for time being to focus on my investment.
I want to buy YTLPower if there is a big drop in the share price again.
Good luck.
Thank you.

Posted by Mikecyc > 14 hours ago | Report Abuse

I am agreed to debate with information, facts n figures… no more all those Kon tricks as I mentioned earlier..
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@Mikecyc,
Thank you for your understanding.
I really appreciate your promise to avoid and eliminate "no more all those Kon tricks as I mentioned earlier..".
Let us make this YTLPower forum an excellent forum to share good and true information only.
Good luck.
Thank you.

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@speakup,
Please talk with facts and figures.
Should not tell lies here.

I do not agree on the counting of Elliot wave (down), I will never attack any writer in I3.
Thank you.

Posted by Vincenzo999HUMKChaan > 2 minutes ago | Report Abuse

You flag or dont flag thats immaterial to me...If i want to flag you...i use my 50 dormant account and killed you straight away
As long as you dont say sorry to ULAR
I will haunt you daily
Find a scapegoat in sifu ooi loh
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@Vincenzo999

You are a very unreasonable person here.
Please use your brain to analyse the whole story here.

I do not know you, please stop your accusation.
I stop here, no more posting from me.
Thank you.