*The trend direction: Making reversal down to Uptrend. (Must not break the S2 to maintain the trend) *The Bottom signal ( BT ) sighted on 29-Aug & 04-Nov (Upward-Green-Triangle). *Price tested the lifeline (Redline) & close above it on 19-Dec. *The Bell alert appeared on 25-Nov & 19-Dec, the continuation of the signal of momentum is coming.
Prediction: The immediate hot-chase (Red-dot, above the candle) will result in the correction/pullback to/nearby the lifeline (Red-line). Once completed the correction, will rally to next Resistance.
Preference Strategy: Swing trading (Follow the Buy/Sell Signal respectively.)
Target Price: Immediate RM0.745-77 & 0.80 Cut Loss: If broke below S2 Support RM0.67 *Reminder TP & CL is an individual preference & decision. No fix rule or guideline for it...Trade at your own risk.
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Immediate TP RM0.77 achieved. After 4-5 days rally, profit-taking will take place as correction may occur. The Swing trader may protect your profit as a priority. Next move: After correction, continue eyeing for higher TP...Good luck.
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YTLPOWR: as predicted it has hit our target >RM0.80 & Double-Top at RM0.845 has ended its rally & it goes into the correction (ABC). Looking for support in the S1 region. We will do no action until it gives us the reversal signal. Good luck & Happy trading!
Trade closed: target reached
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YTLPOWR: BREAK THE LIFELINE After it has hit our TP, it pullback with ABC correction. Now it breaks our critical support (Lifeline), turns it into a resistance & went into a downtrend. Hence, we are standing aside from this counter at this juncture. Good luck & Happy trading!