KLCI pulled back sharply today. It plunged to an intraday low of 1768 before closing at 1778 for a 42 points drop (2.3%). As long as it does not drop below the 1,768 level, it remained possible that it is forming the wave c of 2.
Berjaya Corporation Bhd (Rm 0.455)
Finally BJCorp broke the 47 sens support level to close the day at 45.5 sens. I have no choice but to modify my previous wave-count.
Its closing price of 45.5 sens is another 55-month new low for BJCorp. It is possible that the current down is the sub-wave iii of its wave (v) of major wave 5.
KSL Holdings Bhd (Rm 4.37)
It is possible that KSL is forming the mini wave 2 of its sub-wave iii.
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