I have discussed about these three stocks in my November 23 post. It is about time to look at theses stocks again.
Inch Kenneth has pulled back quite substantially after completing 5 waves. There is no extension waves
6-7-8-9, as such the major wave
(III) looked rather short in magnitude, there is this possibility that the
5 at 52 sen marks only the end of 1/(III) rather than (III). If this is the case the Friday closing of 44 sen can be 2/(III), the next up surge can be the beginning of wave
3/(III). A less bullish possibility is the completion of wave
(III) at 52 sen and it is going to take a much longer time to complete its wave (IV). Must monitor closely the next surge above 46 sen especially when the surge is accompany with high volume.
There is not much change to CNASIA. It is trying to finish its wave
C of its major wave
(IV).
As per discussion on November 23, KNM is at the tail end of its major wave
(IV). It is in the process of finishing its sub-wave iii of its wave E of major wave (II).
Inch Kenneth has pulled back quite substantially after completing 5 waves. There is no extension waves 6-7-8-9, as such the major wave (III) looked rather short in magnitude, there is this possibility that the 5 at 52 sen marks only the end of 1/(III) rather than (III). If this is the case the Friday closing of 44 sen can be 2/(III), the next up surge can be the beginning of wave 3/(III). A less bullish possibility is the completion of wave (III) at 52 sen and it is going to take a much longer time to complete its wave (IV). Must monitor closely the next surge above 46 sen especially when the surge is accompany with high volume. 
There is not much change to CNASIA. It is trying to finish its wave C of its major wave (IV).
As per discussion on November 23, KNM is at the tail end of its major wave (IV). It is in the process of finishing its sub-wave iii of its wave E of major wave (II).
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