Thursday, September 30, 2010

Ekovest Berhad



One possible reading for Ekovest is as shown above, a very bullish waves (I)-(II), 1-2, i-ii and a mini (i)-(ii) pattern, A mega trend since 1998 bottom. The next wave has the possibility of being the wave (iii) of iii of 3 of (III).



But it must be confirmed by a volume much higher than the August sub-wave (i)'s volume. Failure which, the last two session rebound can be just a technical rebound while trending downwards as shown below, it is forming the wave c of wave 2.




Have to monitor the volume closely, without volume no uptrend is sustainable except manipulation by interested party.



Lap Lap Chap Chap - Miscellaneous




Wait, make sure that it is a mirror before your next action

Just place your finger tip on the mirror, if there is no gap between the finger and the reflection, it is likely to be a 2-way glass. If there is a gap, it is a true mirror.

For 2-way glass, the reflective transparent film is placed in front of the glass whereas the reflective coating for mirror is coated behind the glass, the gap is due to the thickness of the glass.

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