Jurong Tech (J09) - A GOLD at the end of the Rainbows!

A Harami cross formed on the first day of Dec stalled the advance. Since then, it was a steep downfall, made severe by the latest 3 Black Crows! As in (1), a Single Top seems imminent. We can see (2) the gap would have been filled to form a perfect pattern if not for the unusual reversal of white candle today which saved the fall. Notably, (3) the bottom wicks of the candles formed a good resistance level at $1.93. Furthermore, the convergence (4) of MA (13D) & MA (45D), and the nearness of the Fibonacci Retracement of 38.2% at this resistance level added significance and improved its validation.
The weekly chart of the MACD is still in the –ve and oversold territory and with the  daily MACD (5) now giving us the 1st uptick, to me, this is the best , and safest signal I know of that can improve quickly our profit in the Balance Sheet. No need to present other indicators, though not all the best, it gives me confidence of a “come on’ and upside potential!  I put the Target Price of $2.04 is for a reason. It’s the peak of the Single Top pattern!
So,is there GOLD at the end of the Rainbows, you tell me!
P/s No document/material here is a solicitation to buy or sell. You are advised to think carefully and take your own responsibility for all consequences.