Wednesday, January 31, 2018

Priceworth International Bhd (Rm 0.255)

Pworth's current pullback is too deep for me to maintain my previous wave count. It appeared to me that very likely Pworth is forming an ascending triangles wave (v).


In a less likely scenario, it can be forming a sub-wave i-ii. If so, in the next few trading sessions Pworth should keep on going higher and should break the upper trendline.


A very bullish option is a i-ii, 1-2 formation with the next uptrend as the mini wave 3.


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