KLCI continues with its mini-wave b of 2 rebound. It may reach 1,820 to form a 'head and shoulder' reversal pattern before starting its mini-wave c, which has a minimum low at 1,730 and maximum low at 1,673 (100% retracement).
KSL Holdings Bhd (Rm 2.07)
Once the Rm 2.05 is broken, KSL will have a small 'head and shoulder' formed, it may go all the way to retest its previous low at around Rm 1.70 to complete the wave c of its major wave 4.
Unless KSL can hold above Rm 2.05 and can start moving up from its current level to form its wave (v) of 3.
Lee Swee Keat Groups Bhd (Rm 0.275)
Leesk is at its mini-wave 4 pullback. Has to wait until wave c is completed before it can move higher for its mini-wave 5.
However if Leeskis unable to move up from its current level, it may go to the 26 sens level.
Farms Best Bhd (Rm 0.81)
Farms Best added 5.5 sens (+7%) with high volume. This can be the mini-wave 3 of iii.
Has the mega wave (2) correction since 2009 finally ended ? Is this the starting of its mega wave (3) ? It can be very juicy if this is the mega wave (3).
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