KLSE (MYR): FRONTKN (0128)
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Last Price
4.50
Today's Change
0.00 (0.00%)
Day's Change
4.44 - 4.55
Trading Volume
6,845,800
2024-12-23
2024-12-23
2024-12-23
2024-12-20
2024-12-19
2024-12-18
2024-12-18
2024-12-17
2024-12-17
2024-12-16
2024-12-13
2024-12-13
Goodwill5
70 posts
Posted by Goodwill5 > 2 weeks ago | Report Abuse
Elliott Waves theory is consist of 5 impulsive waves that are wave#1, wave#3, wave#5, wave#a, wave#c, and 3 corrective waves that are wave#2, wave#4, wave#b; By using Fibonacci retracement ratio for length of wave, if length of wave#1 equal to wave#5 and is 100%, then length of wave#3 will be 161.8% of either wave#1 or wave#5 in length; the length of corrective waves of either wave#2 or wave#4 is either 23.6% or 61.8%. Frontkn made breakout resistance of RM4.18 or PE ratio 51.7 with a powerful momentum candle stick and ascend into wave#3 yesterday.