Sub-wave iii in progress. If iii has the same magnitude as that of i the target is Rm2.14. But if its magnitude is 1.618 times of i then iii may reach Rm2.40.
EG Industries Bhd (Rm0.795)
EG is forming its major wave 3.
If EG continues to move side way to lower in the next few days, very likely it is forming its wave (iv).
But if it can move higher and can pull away from the 82 sens level tomorrow, then we will have sub-wave vii for EG.
RGB International Bhd (Rm0.195)
Major wave 3 in progress.
RGB is currently forming the mini wave 7 of its sub-wave v of wave (i).
Asian Pac Holdings Bhd (Rm0.225)
Asiapac continues to form its major wave 3.
Hopefully today's candlestick with high volume is the starting of its wave (iii) of major wave 3 of Mega wave (3).
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