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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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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Tuesday, January 30, 2018
Blue Moon, Super Moon, Blood Moon and Eclipse of Moon
The last time all these three events lined up this perfectly was 31 March 1866.
For more information click 'NASA-Super Blue Blood Moon'.
West Malaysia is located between P1 and U1 of EST(Eastern Standard Time) roughly about 6.20 EST or 7.20 pm Malaysia time. I hope my interpretation and calculation is correct.
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Monday, January 29, 2018
Sunday, January 28, 2018
Weekly Update
Dow (26,616)
Dow started its mega wave VII in March 2009 from 6,547 level. Within 9 years Dow has gained 20,069 points or 306%.
Dow has been forming its major wave 7 since February 2016 and it has gained 70% by Friday
Its major wave 1 gained 71%, major wave 3 gained 32% and major wave 5 gained 69.5%. I have a strong feeling that major wave 7 that has gained 70% so far is about to end. I expect major wave 8's correction to be about 15%.
But Dow might choose to continue with its current run with a sub wave vi correction.
Or with a wave (vi) correction.
FBMKLCI (1,853)
KLCI is currently at the minor wave iii of its mini wave 9.
KLCI is either at the tail end of its wave (iii) of B.
Or it is at the tail end of the sub wave iii of its wave (iii) of major wave 5.
Aemulus Holding Bhd (Rm 0.625)
Aemulus announced a 1 for 4 bonus issue on Friday after the marked has closed. Technically sub-wave iii of wave (i) should be starting too.
Based on the 30-minute interval chart, the sub-wave ii has ended.
T7 Global Bhd (Rm 0.585)
T7Global surged 8 sens or 15.84% on Friday. Very likely this is the minor wave iii of its mini wave 5. Since mini wave 3 cannot be the shortest wave, I expect T7Global to have 9 mini waves.
FACB Industries Incorporated (Rm 1.56)
Facb has been forming its mega wave (5) since July 2016. It gained 7 sens (+4.7%) on Friday. This surge confirm the formation of sub-wave vii of its wave (iii).
This is the starting of mini wave 3 of its sub-wave vii.
This is a quiet and slow moving stock despite the fact that it has Rm 163 million of cash in hand or cash per share of Rm 1.96. Its other core business are the manufacturing and trading of steel pipes and mattresses (Dreamland).
Insas Bhd (Rm 0.98)
Hopefully Insas has ended its major wave 4 and has already started its major wave 5.
It appeared to me that its major wave 5 was in early December 2017.
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Dow started its mega wave VII in March 2009 from 6,547 level. Within 9 years Dow has gained 20,069 points or 306%.
Dow has been forming its major wave 7 since February 2016 and it has gained 70% by Friday
Its major wave 1 gained 71%, major wave 3 gained 32% and major wave 5 gained 69.5%. I have a strong feeling that major wave 7 that has gained 70% so far is about to end. I expect major wave 8's correction to be about 15%.
But Dow might choose to continue with its current run with a sub wave vi correction.
Or with a wave (vi) correction.
FBMKLCI (1,853)
KLCI is currently at the minor wave iii of its mini wave 9.
KLCI is either at the tail end of its wave (iii) of B.
Or it is at the tail end of the sub wave iii of its wave (iii) of major wave 5.
Aemulus Holding Bhd (Rm 0.625)
Aemulus announced a 1 for 4 bonus issue on Friday after the marked has closed. Technically sub-wave iii of wave (i) should be starting too.
Based on the 30-minute interval chart, the sub-wave ii has ended.
T7 Global Bhd (Rm 0.585)
T7Global surged 8 sens or 15.84% on Friday. Very likely this is the minor wave iii of its mini wave 5. Since mini wave 3 cannot be the shortest wave, I expect T7Global to have 9 mini waves.
FACB Industries Incorporated (Rm 1.56)
Facb has been forming its mega wave (5) since July 2016. It gained 7 sens (+4.7%) on Friday. This surge confirm the formation of sub-wave vii of its wave (iii).
This is the starting of mini wave 3 of its sub-wave vii.
This is a quiet and slow moving stock despite the fact that it has Rm 163 million of cash in hand or cash per share of Rm 1.96. Its other core business are the manufacturing and trading of steel pipes and mattresses (Dreamland).
Insas Bhd (Rm 0.98)
Hopefully Insas has ended its major wave 4 and has already started its major wave 5.
It appeared to me that its major wave 5 was in early December 2017.
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Wednesday, January 24, 2018
Aemulus Holdings Bhd (Rm 0.63)
After reading the article 'AEMULUS站在巨人的肩膀与风口' in November 2017, I have started to monitor Aemulus's chart to look for a good entry point.
Aemulus was listed on 15 September 2015 with IPO price at 28 sens. In December 2016 it dropped to a low of 16.5 sens before moving to a high of 71.5 sens in August 2017 to form its major wave 1. After that it started to move side way to form a complex major wave 2.
There is this possibility that the 60.5 sens low on 15 January 2018 is the end of the major wave 2.
From the 30-minute interval chart, it is possible that it has completed its mini wave 3-4 today. If it starts to move lower again tomorrow, that can be the mini wave 5 of the wave c of its sub-wave ii. It is also possible that it may drop to 60 sens again by forming 9 mini waves for this wave c of ii for a 100% retracement.
As long as Aemulus can hold above 60 sens, probability is high that it has started its major wave 3.
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Aemulus was listed on 15 September 2015 with IPO price at 28 sens. In December 2016 it dropped to a low of 16.5 sens before moving to a high of 71.5 sens in August 2017 to form its major wave 1. After that it started to move side way to form a complex major wave 2.
There is this possibility that the 60.5 sens low on 15 January 2018 is the end of the major wave 2.
From the 30-minute interval chart, it is possible that it has completed its mini wave 3-4 today. If it starts to move lower again tomorrow, that can be the mini wave 5 of the wave c of its sub-wave ii. It is also possible that it may drop to 60 sens again by forming 9 mini waves for this wave c of ii for a 100% retracement.
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Sunday, January 21, 2018
Weekly Update
Dow (26,071)
Dow continued to zig-zag higher last week without a significant pullback and in the process it gave its minor wave v a magnitude that is much larger than the magnitude of its minor wave iii. Since the third wave cannot be the shortest wave, I expect the mini wave 9 to have nine minor waves instead of five.
Based on similar reason, sub-wave iii cannot be the shortest wave, wave (v) should have nine sub-waves. This is a very bullish scenario but never forget that anything can happen in stock market and the bear usually strikes at the most unexpected moment. Be prepared to run when required.
FBMKLCI (1,828)
I expect KLCI to start forming its mini wave 9 next week.
Kluang Rubber Co (M) Bhd (Rm 4.16)
Kluang is likely to have completed its sub-wave iii. Sub-wave iv is likely to take a few month to complete. Unless the last high is one degree lower.
Kuchai Development Bhd (Rm 2.22)
I have adjusted my wave count for Kuchai as I believed Kluang, Kuchai and Sg. Bagan have to move in tandem with each other and must have a similar wave form. So, same as Kluang, Kuchai is likely to be in sub-wave iv.
Sg. Bagan Rubber Co. (M) Bhd (Rm 3.36)
Similarly I have adjusted my wave count for Sg. Bagan.
T7 Global Bhd (Rm 0.515)
T7Global has completed its mini wave 4 and mini wave 5 has started.
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Dow continued to zig-zag higher last week without a significant pullback and in the process it gave its minor wave v a magnitude that is much larger than the magnitude of its minor wave iii. Since the third wave cannot be the shortest wave, I expect the mini wave 9 to have nine minor waves instead of five.
Based on similar reason, sub-wave iii cannot be the shortest wave, wave (v) should have nine sub-waves. This is a very bullish scenario but never forget that anything can happen in stock market and the bear usually strikes at the most unexpected moment. Be prepared to run when required.
FBMKLCI (1,828)
I expect KLCI to start forming its mini wave 9 next week.
Kluang Rubber Co (M) Bhd (Rm 4.16)
Kluang is likely to have completed its sub-wave iii. Sub-wave iv is likely to take a few month to complete. Unless the last high is one degree lower.
Kuchai Development Bhd (Rm 2.22)
I have adjusted my wave count for Kuchai as I believed Kluang, Kuchai and Sg. Bagan have to move in tandem with each other and must have a similar wave form. So, same as Kluang, Kuchai is likely to be in sub-wave iv.
Sg. Bagan Rubber Co. (M) Bhd (Rm 3.36)
Similarly I have adjusted my wave count for Sg. Bagan.
T7 Global Bhd (Rm 0.515)
T7Global has completed its mini wave 4 and mini wave 5 has started.
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