https://theedgemalaysia.com/node/742503 Was this recent development a well thought out strategy? Or was it a short term tactical move? Or was it a ploy? What is really the strategy (if any) of this name? Whatever it was intended to be, the recent development has wiped out a big chunk of it's market cap. Indeed a very costly lesson for the folks managing this name. As of writing this post, price has momentarily dropped below 1.96 to day low 1.92. Will 1.96 be defended? Or will the carnage continue? Time will tell. Charts will foretell.

Is this name now acting as like a Chaebol or has it already been a Chaebol?. Draw your own conclusions. Time will tell. Charts foretell.

If 1.96 falls, will we see 1.74?. Time will tell.

1.96 printed. Now let's see if it will be defended.

1.96 need to hold. Will fresh Buyers come in ..... or will the market let this name jatuh lagi. Time will tell.

8 sen to go to print 1.96 .....

Great Battle of 2.16 is lost. Also could not retake any single MA across major timeframes. Will we see 1.96 soon? Time will tell.

The Great Battle Of 2.16 continues ....... Will it hold, will it fall, ...... Time will tell.

Sadly the generosity was rejected by market, however it has demonstrated that 2.16 is becoming a reasonably strong support area......, for now.

Will Daily closing stay above 8MA from here ....? If Yes, then 2.16 becomes a stronger Support and fresh buyers may start to notice and stale bulls will look for their exit price point with fresh hope .....

Possible Golden Cross attempt soon on Monthly 50/200 MA and Weekly 8/20 MA and if both crosses realised then perhaps 2.16 area becomes the interim Support to tangkap fresh Buyers barring new news of positive bias. RSI's cooled off pretty much. If No news and/or New news stinks then we are going to Ping Pong between 2.16 and 1.96. Time will tell.

Trying to reclaim 50MA @ 2.24, good start. Can do it, or ...... can not ......? Time will tell.

Can price reclaim any of the Moving Averages it has lost? Time will tell.

19 Dec Gap closed. Where will price action go from here?

2.16 printed. The wayang begins.

Watch the Gap created on 19 Dec .....

A whisker from 2.16. Time will tell. Chart will confirm.

Safest is to follow Charts, not anything else.

If reach 2.16 and cannot defend it, then 1.96 coming. Prepare the dry powder.

12 sen to find 2.16. Time will tell.

2.28 reached. Charts tell the story.

Looks like YTL Chaebol continue to lose it's shine across it's stable.

Is 2.45 defeated ....?. Will buyers come in to retake it ....? If not, then 2.18 is next. Time will tell.

Key supports at 2.45 , 2.28 , 2.16. Prognosis not good as lost 8MA and 20MA. 2.45 must be defended else 2.28 next.

After 14 trade days, still lacking upward momentum to fill 05 Sep Gap Down, rejected 5 times attempt to break 2.75 and now heading back down to 19 Dec Gap Up @ 2.16 barring new positive news. Time will tell.

Group CEO & MD current stake 11.13%, Big fish stake upped again to 8.42% with latest open market buy @ 02 Jan .... Corporate Raid coming ....? Time will tell.

On Daily Chart, Cup formed late Aug - early Dec ....., Handle almost complete ....., will this play out as the classic Cup & Handle ....? Time will tell.

Low volumes .... Bored Retails playing Musical Chairs amongst themselves .... pushing RSI up for 8 sen to 10 sen scalps .... will Big Shark drop the ball or pick it up .... Time will tell.

Sniffing 2.75 resistance. A decisive break here may propel this name to tease 2.93 area. Time will tell.

Big fish started buy again on X'mas eve.

Is price consolidating between the 05 Sep gap down and 19 Dec gap up...? Who buying. Who selling. Who trading. Who investing. What new good news what new bad news coming in run up to next earnings release?

Last Fri tried to fill gap down of 05 Sep, will another attempt happen today .....

Ok, time to buzz off to NYSE pre-market opening. Happy trading all.

Big Boys loaded up since 19 Dec in 1st trading hour (27M vol). Today pushed higher to unload. Retails holding bags at 2.70's area. No worries though, the game will continue between 2.80's area and possibly as low as 1.70 area.....pending any kind of news until the next QR. Time will tell.

Look at 1 hour chart - Big Boys went in big time in 1st trading hour (39M vol) to push price up, then sold off in 3rd hour (11am, 32M vol). Price spread was 10 sen. Money was made and taken. Afternoon session trades in tight spread of 5 sen, 17.5M vol nia. Retails trapped in afternoon session.

Day traders / Scalp traders taking profit, never wrong to do so when money is on the table. Same question ..... which of the 2 gaps will be filled first before the run begin ....

What will the play be ...? 0.400 / 0.305 spread. The big fish has been quiet since last buy on 9 Dec .....

Meanwhile eyes on CEB ...... what will the play be ...? 0.400 / 0.305 spread. The big fish has been quiet since last buy on 9 Dec .....

A gap up occured on 19 Dec, ..... so which of these 2 gaps will be filled first ....?

A gap down occured on 05 Sep,...... it will eventually be filled when price pull up after the pull back. Time till tell.

2.82 then pull back for back test. Time will tell. Charts will tell.

Heading into 2.75 area and is already in overbought zone for all time frames ....... buying momentum may mitigate overbought pressure sikit sikit, nonetheless do trade with caution.

Stage 1 rocket jettisoned successfully. Next will gravity pull this spaceship for back-test , .... or will FOMO buying increase buying momentum , .... or just cruise along till Stage 2 rocket fires to control the flight? Time and navigation chart will tell ....

Volume before lunch 30+M, now 60+M. Who's buying?

Volume, Price, RSI, MACD, MAs ... All set for the show. Popcorns ready.

Come on .... print 2.45 and we start a new leg up. Let's go.

We need big and sustainable volume, volume, volume. Mari, mari, mari we want big volumes to pop the stock up.

Perhaps Mr.Chung from CEB can come help buy up a few million shares per day.....

Stale Bulls out in full force selling off at 2.28...., need fresh buyers to come in push price up to 2.45 area for a start. Come on then.

2.28/2.45 for a start, eventually 2.75 area .... bolih?