Insas Bhd (Rm 1.05) -

After loosing 5 sens in two days (Monday & Tuesday), Insas has ended its mini wave 5 with only three sub-waves, a failure mini wave 5. With that Insas has ended its sub-wave v and wave (iii) at Rm1.13 and it has started forming its wave (iv).

If wave (iv) were to end somewhere near its sub-wave iv, it might end around Rm 0.90 level before starting its wave (v).

Looking at Insas's 10-year chart, it still has a long way to go before completing its mega wave (5). Be careful of the current wave (iv) correction and the future higher degree major wave 4 pullback.

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