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Unisem is in major wave
(III) at the moment. Within its last 10 trading sessions, after its simultaneous price and OBV breakout, its price put on 60% from Rm 1.60 to Rm 2.60.
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Its volume in the last 10 trading sessions were high especially last Friday, this can be the last surge for its major wave
(III). Last Friday candlestick opened with a gap, is this the exhaust gap? Wait and see. Rm 1.80 can be the target for its major wave (III) if the magnitude for (III) is the same as (I)
The OBV for Kinsteel has set a new high and this was accompanied by a price broke-out. It was at the initial stage of its major wave
(III) with a minimum target of Rm 1.50, assuming the magnitude of (III) will equal to that of (I)
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YTLE is currently in its wave
5. Even though its current price is approaching its wave
3 height, but it volume has shrunk drastically and its OBV has started to show sign of distribution indicating possible final journey for its wave 5 of major wave (III) at this moment unless its trading volume can increase rapidly to match its wave 3 volume.
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