Posted by Ooi Teik Bee > 2014-02-24 22:04 | Report Abuse

Posted by bernard6key > Feb 24, 2014 09:59 PM | Report Abuse

Mr Ooi,

What about IQgroup??

Ans : Technical chart looks good. No idea on Fundamental.
Thank you.

Posted by matrix6050 > 2014-02-25 08:40 | Report Abuse

Mr Ooi TB, what's your TP of Prtasco?

Posted by sephiroth > 2014-02-25 09:16 | Report Abuse

waiting at 70 n below

Posted by hewiester > 2014-02-25 09:37 | Report Abuse

one day sale is on.. hahha

Posted by Ooi Teik Bee > 2014-02-25 10:01 | Report Abuse

Posted by brendonyeap > Feb 22, 2014 10:10 PM | Report Abuse

mr OTB, is it safe to enter PJDev WC now?> it is like every day on steroids,up!

Ans : At 0.805, you still want to rush in to buy. At 0.72, you are scare to buy. I told you to buy on correction, please take a look on this bargain now.
Thank you

Posted by Icon8888 > 2014-02-25 10:02 | Report Abuse

digesting the selling pressure built up over past two weeks.....

Posted by sephiroth > 2014-02-25 10:04 | Report Abuse

tambah 72

Posted by Trisven > 2014-02-25 10:18 | Report Abuse

Low volume selling but with so much price gap...

Posted by _redbull_ > 2014-02-25 10:19 | Report Abuse

Got out of here just in time last weekend..went to open new account with Mr Ooi yesterday.

Posted by micky92 > 2014-02-25 10:25 | Report Abuse

Happy today to see price drop...hope to drop more for me to collect

Posted by Icon8888 > 2014-02-25 10:27 | Report Abuse

approaching 70

Posted by Icon8888 > 2014-02-25 10:40 | Report Abuse

touched bottom already. Rebouncing

Posted by Icon8888 > 2014-02-25 11:05 | Report Abuse

695

Posted by JimYeoh > 2014-02-25 11:09 | Report Abuse

wait for 0.67

Posted by Icon8888 > 2014-02-25 11:17 | Report Abuse

705

Posted by Icon8888 > 2014-02-25 11:35 | Report Abuse

looked like worst is over

Posted by brendonyeap > 2014-02-25 11:35 | Report Abuse

pray that it will continue fall to 60sen...im waiting there

Posted by Icon8888 > 2014-02-25 11:40 | Report Abuse

unlikely will fall that far. You just looked at the number of buyers queuing to buy.....

Posted by brendonyeap > 2014-02-25 11:50 | Report Abuse

the numbers are just numbers, it will disappear once seller start to throw in the afternoon

Posted by nch218 > 2014-02-25 12:01 | Report Abuse

Likely now form a trend of Wave 4: Wave four is typically clearly corrective. Prices may meander sideways for an extended period, and wave four typically retraces less than 38.2% of wave three . Volume is well below than that of wave three. This is a good place to buy a pull back if you understand the potential ahead for wave 5. Still, fourth waves are often frustrating because of their lack of progress in the larger trend.

Posted by firebird2 > 2014-02-25 12:08 | Report Abuse

nch, for wave 5, what % potential up do chartist usually allocate from the bottom of wave 4?
Thx

Posted by Icon8888 > 2014-02-25 12:12 | Report Abuse

This 15 March I am yhinkng of attending OTB talk and learn how to surf the wave

Posted by nch218 > 2014-02-25 12:26 | Report Abuse

Calculations within the Elliott Wave Theory resemble a road-map. Every wave has a set of characteristics. These characteristics are based on market behavior of masses. Thus, is really depending on market movement.

In the Elliott Wave Theory, a special attention is paid to individual description of each wave. Besides, there are certain laws used for proportional formations of Elliott waves. It is Important that all relations between all waves can take values of 0.382, 0.50, 0.618, 1.618. Using this, to calculate relations between both wave heights and wave lengths.

Wave 4

It usually rolls back by no more than 38% of Wave 3 (which mean at peak of 0.805, PJD WC may drop no more than 38%). Wave 4 may not overlap Wave 2 until the five-wave cycle is a part of the end triangle.

Wave 5

Is often identified using momentum divergences. The prices increases at middle-sized trade volumes. At the end of the wave, the trade volumes often rise sharply. Like what Mr. Ooi predicted, it will be peak at May 2014 once the Q3 report on the sales of building are take into account.

Posted by firebird2 > 2014-02-25 12:35 | Report Abuse

Its good to learn more from you. Thanks for the advice, nch. I need more time to understand fully your concepts presented here.

Posted by nch218 > 2014-02-25 12:42 | Report Abuse

I m still learning to trade with correct skills, when to buy at support and when to sell at peak!!

Posted by firebird2 > 2014-02-25 12:49 | Report Abuse

I think you already do have good skills to do trading. Hope you don't mind me asking you for advice.
1. Did the chart indicate that 0.805 was touching the top line of wave3?
2. Based on this, it normally wont touch the bottom line of -38%, so it means we wait till, it turn around convincingly to go to wave5? How do one know, or its suppose to stay inside the triangle?
3. Wave 5 is potentially the last big up wave which at the end will be with hugh volume?
Just upgrading myself. Thx

Posted by Ooi Teik Bee > 2014-02-25 13:22 |

Post removed.Why?

Posted by Ooi Teik Bee > 2014-02-25 13:24 |

Post removed.Why?

Posted by firebird2 > 2014-02-25 13:41 | Report Abuse

Thx OTB for your input.
I will piece them together but for now like you say, lets wait and see.

Posted by nch218 > 2014-02-25 14:33 | Report Abuse

Thanks to Mr. Ooi, as i m still learning .

http://stockcharts.com/school/doku.php?id=chart_school:market_analysis:elliott_wave_theory

Posted by firebird2 > 2014-02-25 14:43 | Report Abuse

We all learn all the time. Experience guys also need to learn to adapt as well, the world is dynamic.

Posted by heavyth > 2014-02-25 15:33 | Report Abuse

What is the next support level..???

Posted by sephiroth > 2014-02-25 16:39 | Report Abuse

tomorrow tambah at 66

Posted by JimYeoh > 2014-02-25 16:41 | Report Abuse

going collect more at 0.67 tmr

Posted by lee9fold > 2014-02-25 16:48 | Report Abuse

good...waiting to collect

Posted by susuan > 2014-02-25 18:40 | Report Abuse

Mr Ooi, I will be out of town for the next 2 weeks or so, will call you when I get back. Thanks and all the best!

Posted by tkg8 > 2014-02-25 21:23 | Report Abuse

My 2 cent opinion, the sharp plunge for today despite of encouraging 2013 FY report could be done deliberately by big share holders thus they could accumulate more shares at lower price!

Posted by brendonyeap > 2014-02-25 21:24 | Report Abuse

has been up for several weeks already, time to chill and cool down..let some players like me to take positions ba!

Posted by Chenlai > 2014-02-25 21:27 | Report Abuse

Totally agree with you Brendon..haha

Posted by Ooi Teik Bee > 2014-02-25 21:29 |

Post removed.Why?

Posted by twobits > 2014-02-25 22:03 | Report Abuse

Mr Ooi:

Mind if i ask when is your wave 1 started and ended for pjd-wc?
My wave reading at for pjd-wc wave 3 done already.

I am looking at 2 years chart!

thanks

Posted by Ooi Teik Bee > 2014-02-25 23:44 | Report Abuse

The 1st wave started from 31/12/2013 and ended on 21/1/2014.

Thank you

Posted by twobits > 2014-02-26 08:40 | Report Abuse

Mr Ooi:
what about the wave started from May 3rd 2013 to aug 28, 2013? U disregard that wave to be wave 1?

thanks

Posted by CityTrader > 2014-02-26 08:59 | Report Abuse

Becareful, it is in correction mode w4. My 2s only.

Posted by Ooi Teik Bee > 2014-02-26 09:14 | Report Abuse

Mr Ooi:
what about the wave started from May 3rd 2013 to aug 28, 2013? U disregard that wave to be wave 1?

Ans : I count the wave when the price breakouts from new high. The old one I am not interested.
Thank you.

Posted by keith94 > 2014-02-26 09:39 | Report Abuse

Mr ooi, suitable to enter now?

Posted by sephiroth > 2014-02-26 09:53 | Report Abuse

come on baby 66, plz come

Posted by twobits > 2014-02-26 10:07 | Report Abuse

CT: i am looking at W4 in process also. Somehow.....different people read different ombak!

Posted by Icon8888 > 2014-02-26 10:19 | Report Abuse

: (

melting....

Posted by JimYeoh > 2014-02-26 10:20 | Report Abuse

0.67 is coming