Saturday, September 6, 2014
Dow, KSL, Pinepac.
Dow (17,137)
Dow put up a positive candlestick on Friday. If it can continue to move higher with new records, then Dow is forming its minor wave iii of sub-waves v of wave (xi).
KSL Holdings Bhd (Rm 3.87)
KSL is either forming the wave c of its sub-wave iv.
Or it is about to start the mini wave 3 of its sub-wave iii, very bullish indeed especially if it can break Rm 4.00 next Monday.
Pinehill Pacific Bhd (Rm 0.355)
The bad quarterly result it has announced recently, losing 4.51 sens a share is likely to be the reason why its stock price dropped 30% from its July's high of 52 sens. It also announced a net assets per share of 80 sens.
Technically the recent drop is the wave (ii) of its major wave 3 of mega wave (3). The next up can be exciting, it is the wave (iii) of 3 of (3), provided I am right.
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