Tuesday, July 18, 2017

FBMKLCI - Expecting sub-wave ii rebound

FBMKLCI (1,754)

KLCI is about to completed its sub-wave i. Sub-wave ii rebound may be able to bring KLCI to 1,780 level. Be careful of the sub-wave iii, it can be quite damaging.



Looking at the 30-minute interval chart, I expect KLCI to complete its sub-wave i by Wednesday morning unless sub-wave i has more than nine waves.


Priceworth International Bhd (Rm 0.26)

if PWorth can move up from its current level, the next run-up can be the sub-wave iii of its wave (iii).


First of all it will need to break its upper trendline. iii of (iii) can be powerful with high volume.


Inari Amertron Bhd (Rm 2.44)

Inari is forming the wave (v) of its mega wave 7.


Wave (v) is expected to have nine sub-waves.



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