Friday, July 4, 2014

Priceworth, KSL and Golden Pharos


Priceworth International Bhd (Rm0.22)

PWorth has completed 9 mini-waves to form its sub-wave i. Sub-wave ii is in progress. Hopefully sub-wave iii can bring the stock to 35 sens level.


KSL Holdings Bhd (Rm2.26)

The powerful surge a week ago that I thought was the starting of mini-wave 3, it turned out to be the wave b of mini-wave 2. KSL gained 2 sens today with improved volume. Hopefully this is the starting of mini-wave 3.


Golden Pharos Bhd (Rm0.88)

Option 1 : 
If GPharos can start to run and go above the Rm1.00 level, then it is possible that it has completed its sub-wave ii correction and it is forming its sub-wave iii at this moment. Hopefully sub-wave iii can reach at least Rm1.50.


Option 2 :
If GPharos is not able to cross the Rm1.00 level next week, then it is possible that the previous peak is the end of wave (iii), it is forming its wave (iv) at this moment. It may need another 2 weeks to complete its wave (iv).





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