MRCB - A big A-B-C-D-E mega wave (2).

Malaysian Resources Corporation Bhd (Rm 0.78)

MRCB is forming a very big 3-3-3-3-3 waves A-B-C-D-E mega wave (2). It will take easily another 10 years to complete this mega wave (2).

The recent uptrend is the wave (iv) of its wave C. There will be another drop, the wave (v), to below 60 sens again to complete the wave C.

After that it will take another 5 years or more to complete its wave D. And another 5 years for its wave E.

From the 2-year chart, MRCB at this moment is forming the minor wave iii of its mini wave 3 of wave (iv).

There will be another wave (v) down to below 60 sens to complete the wave C.

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