Sunday Update

Dow (16,321)

My possible options for Dow remain the same. Dow is either forming its major wave (6)

Or it is forming its wave (ii) of its major wave (1) (going south) of its mega wave 2.

Or the optimistic wave (xi) that I have previously ruled out. I have to put it back if Dow continues to move higher for more historical highs.

PJ Development (Rm 1.44)

 

It is possible that its wave (v) and its major wave 3 has ended.

 

Latitude Tree (Rm 2.61)

 

It has reported an impressive earning of 19.52 sens per share for its second quarter ending December 2013. With its previous quarter earning of 15.02 sens per share, the 1st half-year earning is 34.54 sen a share.

The recent pullback can be the sub-wave 2 of its wave (v)

MK Land (Rm 0.435)

Its sub-wave iv is almost completed. Next up can be its sub-wave v.

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