Dow closed at a new record high of 16,717 on Friday. My wave count for Dow remained the same.
Dow is currently forming the mini wave 2 of wave e of wave (xii).
SEAL Incorporated Bhd ( 71.5 sen)
On Friday Seal reported fantastic earning of 24.84 sens a share for its 3rd Quarter ending 31st March. Its net assets per share is Rm 1.16. My wave count for Seal is as shown below.
Seal is currently forming the sub-wave ix of its wave (iii) of its major wave 3. I expect seal to have a jump-start on Monday, possibly with a gap to complete its sub-wave ix.
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