fundamentals first than charts

charts v occasionally tell lies

whatever,dont chase to buy.Was v tempted to buy at 0.22-0.225 this morningas i estimated the rock bottom is at0.22

zking tku for your compliment,juz basing on wave,trendline n other tools analysis.

north klci train heading for 1792 average b4 hari raya.

at this lvl we shud be getting in some stocks already,the last klci train down south shud end at 1762 average

like i said,last train is at 1758-1765

on the the other hand i dont expect the klci to break above 1850 till UMNO GA.

actually the crucial clsg price is at 1742

the last train down south wud be 1758-1765,so,get ready to jump in when it comes.Our mkt is still healthy...

there is a target at 0.78 after moving out of an ascending triangle at 66

shud try to buy close to 1.72 or below that 1.65-68

further easing is expected if it closes below 62 today.

though rgt & klci has weaken q a bit,our market wud maintain above 1742.however,dont expect 1850 cud be broken till budget day or before UMNO GA.Can u imagine our stocks average pe is 15 pct!!

I strongly recommend to buy on further pullbacks.Lowest for the week shud be 41-mother share.

fast look at mother share which is now supported at 42.5,a bit tricky here.On minor wave count we r now seeing tne corrective minor wave 4.We need to c 44 breached b4 we can be bullish again.

fast,m afraid the klci wud hit another new low later,recent gap up at 1776,looks not too good.Next supp lies at 1762.anyway i think 0.22 shud be the rock bottom for today n tom.

the 61.8 pct retracement target .from todays low of 0.235 is 0.25,thats y i wud turn bullish again if 0.255 is taken.0.25 was done but not 0.255.

fast,i m working on fibo retracement target.

if u c 0.255 done from now,u can be rest assured it wl close at 26 or higher

think the downside is over shud go bsck up to 25-26

minor wave count suggests a new high over 27 if 23 remains well suppprted

over the next 2 trading days,so wa cud c 27 minimum

higher lows r seen

on minor wave count looks like it will break 42 n top 44

mother share may hit 44,then wa shud be higher 27 or higher

going to be slow,,steadily up towards 2.23 b4 end of august

technically dont c it below 0.90 for next week

technically,it shudnt go below 0.90.