Weekend Update

Dow (17001)

Sub-wave v of wave (xi) in progress

FBMKLCI (1870)

FBMKLCI is forming its major wave 3.

It is at the tail-end of its major wave 3. The next up is likely to be the sub-wave v of its wave (v) and that could be the end of its major wave 3, unless the major wave 3 has 9 waves.

KSL Holdings Bhd (Rm3.86)

If KSL moves lower next week, it is possible that sub-wave iii has been completed as shown.

However KSL performed strongly on Friday. If it can maintain its up-trend next week, it is more likely that the previous pullback is mini-wave 6 and the next up is the mini-wave 7.

Priceworth International Bhd (Rm 0.22)

If PWorth can move higher next week then it is forming its sub-wave iii.

If it moves lower next week then it may drop to the 19 sens level to complete its A-B-C wave (ii).

.