My reading for Dow remained the same. It is either forming its wave e of (xiv)
Or it is forming the mini-wave 3 of sub-wave iii of its wave (xiii).
FBMKLCI (1,803)
KLCI is forming the mini-wave 2 of its sub-wave i of wave (i) of major wave 5. I expect the major wave 5 to last until early 2017.
Farms Best Bhd (Rm 0.79)
Farms Best is either at its sub-wave iii
Or it is forming its sub-wave iv, a running a-b-c correction. Either ways it is at the major wave 1 of its mega wave (3).
Lee Swee Kiat Groups Bhd (Rm 0.305)
It is likely that Leesk has completed the a-b-c of its mini-wave 4. Hopefully it can continue to move higher next week to complete its mini-wave 5.
Poh Huat Resources Holdings (Rm 2.30)
On Thursday, Poh Huat announced a lower quarterly earning of 7.66 sens a share for its latest quarter ending 31st January 2015. Compare to its previous quarter earning of 10.35 sens, its earning dropped by 26%. This earning is rather disappointing when compared to other furniture stocks.
Chart wise, it is at its major wave 3
Hopefully its next quarterly earning can improve in tandem with other furniture stocks.
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