Thursday, October 2, 2014

FBMKLCI - Where are we ?

FBMKLCI (1,837)

Since September 2011's low (1,331), FBMKLCI has been forming the major wave 3 of its mega wave (5).


Currently it is at the tail end of major wave 3, at end of wave c of sub-wave iv of wave (v).


Mini-wave 5 of wave c is about to end anytime.


Berjaya Corporation Bhd (Rm 0.545)

Next up will be the sub-wave iii of wave (iii).


Dutaland Bhd (Rm 0.745)

Wave (i) has ended. Wave (ii) in progress.


KSL Holdings Bhd (Rm 4.43)

Mini-wave 4 is about to end. At the end of the trading session the company announced a one for one bonus issue. Mini-wave 5 is sure to start tomorrow.


Malayan United  Industries Bhd (Rm 0.29)

Same as BJ Corp, next up is the sub-wave iii of wave (iii).


Priceworth International Bhd (Rm 0.21)

Since the stock price has gone lower than 23 sens, the top of wave (i), I have to revise my wave count as shown below. The last high is the major wave 1, major wave 2 in progress.


Pan Malaysia Corporation Bhd (Rm 0.28)

Based on the record volume, I still think that PM Corp is at its wave (iii) currently. The next up will be the sub-wave iii of wave (iii).


However, if the stock price continues to go lower, the following wave count is the next possibility.




.

No comments:

Post a Comment