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KNM Elliott wave - In the making of wave 5?

ironman2020
Publish date: Sat, 23 Nov 2019, 12:11 PM
Welcome to my blog. This is my counter study only. Your trade is on your own risk.

1) Knm has developed a perfect wave 3 -  161.8% -200% of wave 1. Refer picture A.

     

 

2) As for wave 4, it should do retracement around 38% of wave 3. Current price is already at this level & just above the support. Wave 5 is expected to happen soon as market is expected to rally.

   

Discussions
Be the first to like this. Showing 7 of 7 comments

Everhappy

Monday will be good

2019-11-23 12:37

Michael Kwok

Are u sure.Medium term ready wave 5.Somemore u are hiding some of the stock indicator.

2019-11-24 13:03

ironman2020

michael kwok... rsi & stochastic both oversold.Bollinger below lowerband. Rebound should be expected soon.

2019-11-24 13:27

emil

Go back to basic knowledge - massive selling means QR bad report incurred losses!!

2019-11-24 13:34

tuapuikia

Looking forward !!!

2019-11-24 22:30

masterpackaging

Bright packaging products are popular, eg: marlboro, panadol, kitkat and etc

- Bright Profit before tax hit historical high, show same signal as early Master Bhd

-Bright bank balance has RM0.22 per share, now stock price at RM0.22, cheapest of all time

-Bright TA will move like Master TA

-Bright TP is RM1

-Bright is free from debt

2019-11-24 23:22

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