It may drop to RM1.24, buy at this level should be quit safe.

enter today @ RM 1.34 - 1.36, will buy more if drop further. Very confident with the coming quarter results, should be very good. Just look at seagate's quarterly results today, FANTASTIC. Hope JCY also follow.

Today no attack actions it just try to maintain at RM 1.39 - 1.40 level. No shows for today.

Bro Omione, dun need to be too worry about the hanging man candle formation because in Malaysia bolehland this hanging man always turn up to be a hammer instead. Hopefully this time is correct also. Cheer & Happy trading !

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Added on April 20, 2012, 11:54 pmHi bro Omione, after I check through the weekly chart there is no hanging man formation. The three white candle is likely to be three white soldiers which is a bullish continuation patterns so next week should be a good week for JCY and this time it will Break the RM 1.40 - 1.41 strong resistance (predict it will happen on Wednesday/Thursday) after that it should forward to challenge the year high of RM 1.50 which also is Wave 3 v . I also dun discount the possibility of an extended Elliot Wave 5 run towards RM 1.76 over the medium term if the uptrend is healthy. (this is only my opinion). happy trading

This post has been edited by Killtrader: Apr 20 2012, 11:54 PM

JCY is temporary resting, According to market rumours there are 2 good news going to be announced together with good quarterly results, these news should be able to drive the share price to hit the target of RM 1.76 first then follow by RM 1.92 and lastly RM 2.00 (Wave 5 target). The medium term chart for JCY look bullish and all this should be materialized before June. After that I will unload all my holding to gain the profit and then go on vacation ( Buy in April, Sell in May and June go holiday).

One of the good new may be a huge long term agreement given by Seagate. If this is true the future earning for JCY should be good and sustainable.

Target price RM 2.00 before end of June 2012 or sooner. Rumours said the Singapore boss want to goreng it up to RM 4.00 and then only propose to Seagate to take over.

OSK day trading sell call on price below 8 days low 1.53 , 1st target 1.30 and second target 1.07 cut loss if price go above 1.60. That 's why the share price drop drastically.

JCY Q2 result will be out on 17 May 2012 evening. The profit figure is better than Q1 and the dividend is higher than Q1 as well. Besides the good quarterly results there is also a positive good news to be announced. Buy JCY if it retrace to the attractive level. dun miss the chance. Good luck

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Added on May 15, 2012, 1:02 amEstimated Q2 profit will be around 215 millions or eps 10.75 cents.

This post has been edited by Killtrader: May 15 2012, 01:02 AM

Bro Psng very soon (May be from tomorrow ) you will know that you judge this counter wrongly. Some VERY BIG FISH going to collect all the JCY free float shares from open market. Watch Out and follow the tide please dun against it.