If FBMKLCI is forming the wave (iii) of its major wave 5

FBMKLCI (1,677)

Assuming KLCI is on course for its major wave 5 and is currently forming the wave (iii) of 5.

Then it is about to complete the sub-wave i of its wave (iii).

Under this scenario, it is also possible that many individual stocks have completed their respective major correction and have either started or about to start their next up-trend.

Insas Bhd (Rm 0.765)

Insas is on course to form its mega wave (5).

Currently it is forming the sub-wave iii of its wave (iii).

EG Industries Bhd (Rm 0.90)

EG is on course for its major wave 5.

Sub-wave iii is about to complete.

Lee Swee Kiat Group Bhd (Rm 0.28)

Leesk, after 16 months of consolidation to complete its major wave 4, it has started to form the major wave 5 of its mega wave (3).

Kronology Asia Bhd (Rm 0.34)

Krono is currently forming the sub-wave iii of its wave (iii).

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