It will be a HEAD & SHOULDER pattern.
Head formation is ending now n next couple of days.

Next otw down it will get stucked in 1.70 - 1.95 range for a while to form the right neck line.

Thereafter it will make a steep drop towards 1.55 to finish off its right shoulder.

Then it will move 1.40 - 1.65 forever with no rebounds. Those bought now above 2.00 will eventually give up n sell at 20 - 40% loss.

How do i know these?
Bcause i am THE MASTER, i am 100 steps ahead of you.

Gone case. Bad news indeed.
Its 5 day mvg avg in a trajectory to cross its 25 day mvg avg latest by this friday.
It will fall out of its market top trading range below 2.03 n head much lower.

You hv today n friday to get out.

Do not bargain. Just give to ready buyers. Bcause this is pale in comparison with what lies ahead. Sell. No kidding.

I hv warned you. Now lets the market do the talking.

I told u longer term is it will drop out of this market top trading band n target 1.55. Some 50% retracement of its 0.75 to 2.24 move.

Now i tell u for the last time. I am good n very good. I made more than 15mil$ in this market since 1990s.

There is only one rule to follow: when it goes against you, get out. Never hesitate.

This one is not a shooting star. It was a double top at 2.24 within market top trading band of 2.03 - 2.24.

It moved from 0.73 to trade within this top band for a while. Then it will drop out of this band. The coming drop will be significant because it has moved up a lot, some 300% from bottom. Not a fast drop. But slow n steady downtrending towards 1.55.

Look. 05 Sep close was 2.03.
Now its a mere 3 cents away from that cliff. Once it closes below this, it will target 1.55. It will get there in waves over weeks, not in a straight line.

When market moves against you, cut loss. Dont try to be a hero.

This OTB is lousy. You still dont know ka. He n his fancy calculation. Market does not move bcause of fancy calculation.

Last time he had a fancy calculation as well on jaks. In fact he n kyy went to visit jaks construction site in vietnam. Look what happened to jaks. Its inside a longkang.

Uems is the king of the jungle.
It hit 0.865, rebounded.
It hit 0.865, rebounded again.
It hit 0.865 n rebounded yet again.

Now that 0.865 broken. It will go lower from here.

Ytlpower will follow. That ABC simple also you dont know ka?

1.88 coming.

Run. Free fall tommorow to 0.50++

Long term is 1.55. I no kidding bcause i am good, very good.

0.73 => 2.24 => 1.55

Mama mia, ayo ma, ayo pa.
Not too late to cut loss.
Bcause clearly uems will break 0.865 and others will follow.

1.88 friday afternoon session or monday. Save yrself 18 cents a piece.

2.06 + 0.18 = 2.24
Break 2.06 will go to 2.06 - 0.18 = 1.88
Downtrending dy. Ultimate tp = 1.55.

Sell!

Dont waste time trying to bargain.
Just give to 2.08 b4 its gone.

You see uems you know dy, this market will weaken across the board.

1.88 by friday evening or monday. You will save yrself 20 cents a piece.

Ytl no power. You follow OTB you will end up in longkang i tell u. Proven again n again.

Hit 2.08 rebound. Hit 2.08 rebound again. When it no longer rebounds, it will go to 2.01. Today is the day.

Tp 1.55 i told you many times.

Hoi pang!
Pump pump pump, pancit.
Sudah pancitlah. Mesti lari.
The day after tomolo, 25 cent drop in a day.

2.11 base broken decisively.
Just close yr eyes n throw to 2.10.
I told u technicals r magical but u didnt believe me.

OH BOY!
It infact is a bearish intraday DESCENDING TRIANGLE PATTERN with base at 2.11, top at 2.18.

With this formation, even 2.07 wont be able to stop it.

Sell 2.11 now!

Those dreaming of 2.60 - 3.00 you know better that share prices do not move up in a straight line.

This thing has moved up some 300% from 0.70s to 2.20s. It needs some serious pull back towards 1.55 b4 it can resume its uptrend.

Jaga2. Once it goes on sustain downtrending, OTB will go into hiding once again as he did many times with glove, steel, jaks n other counters.

Why was it that once 2.15 broke to 2.11 n the subsequent rebound was stopped at 2.15?

Because...the technicals are magical, even scientiests and mathematicians are still unable to explain it.

Note that i hv warned you. It will now target 1.88. Again sell to 2.11 at opening bell this afternoon session.

I am out of here n will be back later when those stubborn ones asses are on fire some time next week.

At 2.29:53 that is 7 secs b4 afternoon session opening bell, you cut all sell queues and throw to 2.07.

You will match yr sell order at 2.11.
Bcause intraday chart clearly shows 2.11 todays low so far will break in this after lunch trading.

You know what they say, cut yr losses short. If you are not willing to take in small losses, one of these days you will be hit by mother of all losses.

Sell !!!

Cleared at 2.13, big seller added 4,000 lots at 1 go. Bcause he expects what i am expecting - market correction worldwide. Bcause THE FED HAVE SPOKEN.

Again last warning. Just throw to 2.12, b4 this big seller makes his move.

The early birds who came in to support this morning n the rest of the day, will be slaughtered by tuesday afternoon session.

By tuesday evening index will be between 1400 and 1410, some 40 pts drop from here.

Today morning is just the beginning, a head wind before the storm.

Run/cut loss. You hv been warned!

Tommorow afternoon it will break 2.01.
Monday, tuesday very bad across the board. Its called broadbase correction. Not only in bursa. New York will lead the way.

No need to bargain lar for 1 cent. Just cut loss throw to 2.12...

So how? Kena dy? I told u dont buy.
Later OTB will go into hiding as usual.

Double Top: This is a market top signal
08 Sep: Intraday high 2.24
20 Sep: Intraday high 2.24

Downtrend from here:
05 Sep low 2.01 will break
21 Aug intraday high 1.88 will support
Rebound will be stopped at 2.01

Next 1.88 will break.
1.73 will support.
Rebound will be stopped at 1.88

Next it will target 08 Aug close 1.55. This will be its rock bottom support.

This journey will take weeks or even months to complete.

Todays action:
29 Aug 2.15 close broken to 2.11
Rebound has been stopped at broken support turned resistance at 2.15.

Next it will break 2.11 later today.
2.11 to 2.15 = 4 cent rebound.
Expect it to go to 2.07 after breaking 2.11 which is 4 cents lower.

Finally, now is the market top.
Today is the top reversal shooting star day.
It will close around 0.85 for that elusive shooting star candle.

Then you will not see 0.92 again in your life time. You will be stuck here forever until it returns to square 1 at 0.27.

Stay away if you dont want to lose yr pants.

Up 1, 2 cents n then what?
Brokerage fee also cannot cover.
And then down 1, 2 cents.

Grossly overbought hitting double top.

This thing needs to consolidate some 30% lower b4 it can move up. Bcause it has moved up a lot from 0.70++. And that consolidation will take months to unfold.

Sell!

Run. Uems will turn red soon n will take everything down with it.

Pancit dy...run for cover..

Toppish. Red afternoon across the board. Sell..

Sold 2.21! Double top.
Tp 1.36 - 1.50.

Red. Hegeh2 red n then go for new low below 0.62. Hu hu...waa manyak happy lo..bcause waa n the gang shorted manyak above 0.80. Borrow shares, transfer masuk cds n then sell. Now waiting to buy back low 0.50s. Hu hu...ho ho...la la la...

Shooting star candle top reversal of 2 day run forming. Will close around 0.95 then reverse, reverse, reverse to break 0.87 low n trapping all todays buyers.

Sell.

Double top/false breakout confirmed.
Tp 0.29. Run for yr life!

34,000 lots to sell at 2.08, 1000 lots to buy at 2.07. How to go up?

Big picture. 0.74 => 2.15
You buy now 2.07 near the top, you r looking for trouble.

Everheard of pullback consolidation?
It will consolidate between 1.36 to 1.80 n this will take months to unfold.

Sell/stay away.

0.32 => 0.82 => 0.32
And strip you down to yr underwear in the process.

Because nothing has changed and nothing will change in johore for the next 5 years.

Hype, wrong perception hv induced bubble in the share price.

Sell n dont touch it again.

Up up up, you buy, drop.
Drop drop drop, when you think it should stop dropping, it will continue to drop. A game bank backed fund plays.

Stay away. Tp 0.78.

Ayo ma ayo pa. Utavi !
I told u tp 1.88

Ini bukan operator la. Ini market technicals.

I told you an ugly shooting star candle appeared 2 days ago.

Technicals are magical. However skeptical you are when a shooting star candle shows itself up, market will trend down in the following days.

Mama mia....ayo ma, ayo pa...
I told u it wud break 2.01 this week..

Mama mia...ayo ma...ayo pa...
I told u dy..

After having another look at the chart, i bet my ass that it will hit 1.40 b4 the year is out. You can copy this n post it.

Hu hu...i sold 2.19.
I thought i could sell it 2.55 in a few days. But then you need to act on what you see on the screen. Tango to the rythm.

Bought yesterday only lah at 2.10.
Ok la 9k less brokerage. Not bad for a 2 days work.

Shooting star dy babe. Go wait around 1.86 - 1.90 for a quick bounce trade. Other than that, dont.

It does not matter where it closes now.
Either 2.11, 2.12 or 2.13, its candlestick is still a resounding shooting star.

A shooting star candle, formed after a sizable uptrend is a signal the price has hit its peak (2.24) and has made a complete u-turn.

Next (within days) price will trend lower n lower (lower lows).

Go google "candlestick shooting star".
I pitty you. Bye2.

Adios. See u at 1.90.

Engineering profit you gone crazy ka. Next time b4 you go in must set where to get out at loss if you r wrong.

If not, this market whacks you big time n you wud go crazy after losing big.

What an AWFUL UGLY SHOOTING STAR formed today.

If you dont hv a clue what i said about shooting star, go fly kite, dont trade stocks.

99.9% certain it will break below 2.01 next week.

As i said support is at 1.88. Even from there the bounce will be shallow n shortlived.

Its next range to stabilise 1.36 - 1.60, meaning you will get hit big time if you go in now n hold.

Sellllllllllllllll !

You want to cut loss at 2.15 instead at 2.14?

Just throw to 2.14. You want to bargain for 1 cent, you end up selling 5 cents lower when the crowds head for the door after 4 pm.