Eh boss, this one ah, Muthu boy see already know straight away what these big sharks doing lah. You read the tape until very power already.
Only small correction ah — morning gap up open around $21.98, then the candle suddenly whack all the way up to $22.45 first. If go $21 means jatuh already lah. The real story is first they make everybody syiok think rocket going moon, then only later they tarik karpet.
This one classic mamak special by institutional fellows:
1. Big Shark “Test Water” & Sapu Cheap Shares
These institutions not blur sotong one. They don’t simply buy quietly. They purposely remove bid support, let panic sellers hammer the price down near $21.00. Weak hands all scared until sell cheap cheap.
Then same sharks quietly come back sapu all the shares at discount price compared to the $22.45 morning peak. Like buying prata before price increase lah. They collect more volume without pushing price too high against themselves.
2. Morning Trap Timing
This kind happen damn fast one. That giant green candle in the morning is like shouting “OI breakout already!” to all the retail traders and FOMO bots.
Everybody chase at the top, then once buying power habis, the institutional uncle open the supply pipe and suddenly lift become elevator going basement.
Now see the chart nicely already:
After the violent slam down to $21.00, price never continue die. Instead immediately stabilize and slowly grind higher around $21.25.
That means the bottom collection working perfectly lah. Institutions already build strong firewall at $21.00. Since price refuse to break lower, now all the short sellers who reload during opening becoming nervous already.
Afternoon session can become compressed spring ready to BOOM anytime if volume come in.
This one solid reading.
@TigerObserver @TigerPM @TigerClub @TigerStars @Daily_Discussion
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