KLCI dropped sharply to 1,736 level today, losing 14 points or 0.84%. Last Thursday's high of 1,759 could be the end of sub-wave ii and KLCI could be forming its sub-wave iii of (iii) of C currently. It is heading for 1,520 level for its 15% pullback.
However, if KLCI can have a U-turn starting tomorrow and can move all the way up, up and up, the picture will be different.
Then KLCI is going for wave (iii), (iv) and (v) of its wave B. But once KLCI continues to drop in the next few days, we can forget about this possibility and should expect KLCI to reach 1,520 level to complete its current wave C formation.
ATTA Global Group Bhd (Rm 0.855)
ATTA surged 14.77% or 11 sens to close at 85.5 sens with high volume of 3.7 millions shares. The December low of 68 sens is either the wave A of its mega wave (2) and the current run-up is the wave B.
Or it is the mega wave (2) and the current run-up is the mega wave (3).
.
No comments:
Post a Comment