When Dow went below 17,000 on Thursday, this sub-wave vi option became the most likely option. Friday's rebound is the mini-wave iv of c of sub-wave vi. I do not see any danger at this moment.
Dutaland Bhd (Rm 0.765)
I expect Dutaland to continue with its sub-wave ix next week.
KSL Holdings Bhd (Rm 4.66)
If KSL move higher next week, then it is forming its small wave vii.
However if continues to move side way next week, then KSL is either forming its minor wave (ii).
OR it is forming its mini-wave 4, a higher degree correction.
Anyway, by the time when sub-wave iii is completed KSL should be above Rm 5.00. At this stage it is too early to project what the price should be by the time when wave (iii) is completed or when major wave 3 is completed. There is still a long way to go.
My immediate interest for KSL is to see whether the company can make another 20 sens per share for its third quarter earning.
Click 'More Than 50% Upside' for the latest write up on KSL by Bemjamin2013.
Pinehill Pacific Bhd (Rm 0.42)
Pinepac is on its way to complete its wave c of sub-wave ii. If it has another 100% retracement, sub-wave ii can end at 35 sens. This is an excellent entry point.
Pan Malaysia Corporation Bhd (Rm 0.275)
Wave c is about to finish. I am looking at Rm 0.255 as the possible ending point.
Priceworth International Bhd (Rm 0.245)
PWorth is likely to complete its wave (iv) at the 23 sens level.
Berjaya Corporation Bhd (Rm 0.57)
BJ Corp gave a star performance on Friday. It added 5.5 sens (10%) with 204 millions share traded.
Its share price has been on a down trend in the last 4 years since 2010 April from its peak of Rm 1.78. It appeared to me that it has finally found its bottom in early June this year at Rm 0.47.
Click 'Berjaya Corp - The Rise Of The Empire' for a special report by Bonescythe.
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