Wednesday, October 3, 2012

Dutaland - Has sub-wave ii ended ?


Dutaland gained 2 sen to close at 53.5 sen with a much higher volume today.


Has sub-wave ii ended and sub-wave iii started ?

I am more inclined to think that Dutaland is forming its mini wave 3 of wave b of sub-wave ii as shown below.


However, I am also on the look out for volume as high as its August's volume to rule out the above wave b of sub-wave ii scenario. If in the next few day, the volume is high and the price is able to break the sub-wave i's high of 57 sen, it is likely that sub-wave ii has ended and sub-wave iii has started as shown below.





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