Thursday, November 10, 2016

FBMKLCI, EG and RCECap

FBMKLCI (1,652)

KLCI continues to consolidate. It is either trying to complete its major wave 4.



Or it has already completed its major wave 4 and is forming the wave (ii) of its major wave 5. Wave e of (ii) is about to complete.



EG Industries Bhd (Rm 0.84)

There is a possibility that EG has completed its major wave 4


It is also likely that it has completed the sub-wave i-ii of its wave (i) of 5. I hope today's 2 sens gain marked the starting of its sub-wave iii.


RCE Capital Bhd (Rm 1.44)

RCECap continues with the wave (iii) of its major wave 5.


It added 9 sens today to close at Rm 1.44 to form its mini wave 3.



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