Tuesday, April 28, 2015

KSL, LCTH, LeeSK

KSL Holdings Bhd (Rm 1.92)

Finally it is the bearish option for KSL, wave c of 4.


The Rm 2.05 support level gave way on Monday followed by a bigger drop on Tuesday. The bearish option I mentioned on April 10 is confirmed. There will be a wave iv rebound before the final drop, wave v of c of 4.


LCTH Corporation Bhd (Rm 0.465)

LCTH current correction can either be the sub-wave vi of wave (iii)


Or it is the wave a of its wave (iv), a higher degree correction.


Lee Swee Kiat Group Bhd (Rm 0.295)

A surprisingly very short mini wave 5, a failure 5. Very likely this is the wave a of its sub-wave ii.


Leesk remains bullish if it is forming the sub-wave i-ii of its wave (iii) as the next wave up will be the sub-wave iii of wave (iii) of major wave 3 of mega wave (3).


Unless the last high is the end of its wave (iii)


Then the current pullback is only the starting of a higher degree wave (iv) correction.

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