After dropping 159 points on Wednesday, Dow continues with the down trend by dropping another 74 points to 17,655 on Thursday morning after 40 minutes of trading. It is forming the wave c of its wave (iv).
I expect this wave c to end around 17,200 level, another 450 points to go.
Felda Global Ventures Holding Bhd (Rm 1.72)
FGV dropped another 5 sens to Rm 1.72 on Thursday. I guess FGV has completed its wave b of 2. Wave c is likely to end at around Rm 1.60 level.
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