Thursday, September 8, 2016

Insas, FGV and EG

Insas Bhd (Rm 0.705)

Insas added 5 sens (+7.6%) today with relatively high volume of 2.4 millions. It is the minor wave iii of mini wave 3 of sub-wave i of wave (iii).


From its 10-year chart. Insas is forming its major wave 5. I expect this major wave 5 to end in 2nd half of 2017.



Felda Global Ventures Holding Bhd (Rm 2.27)

If FGV can continue to move higher tomorrow, then the mini wave 3 of sub-wave v has started.


EG Industries Bhd (Rm 0.86)

EG continues to form its mini wave 2. Hopefully its mini wave 3 can start soon.



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