KSL, LCTH, LeeSK
KSL Holdings Bhd (Rm 1.92)
Finally it is the bearish option for KSL, wave c of 4.
The Rm 2.05 support level gave way on Monday followed by a bigger drop on Tuesday. The bearish option I mentioned on April 10 is confirmed. There will be a wave iv rebound before the final drop, wave v of c of 4.
LCTH Corporation Bhd (Rm 0.465)
LCTH current correction can either be the sub-wave vi of wave (iii)
Or it is the wave a of its wave (iv), a higher degree correction.
Lee Swee Kiat Group Bhd (Rm 0.295)
A surprisingly very short mini wave 5, a failure 5. Very likely this is the wave a of its sub-wave ii.
Leesk remains bullish if it is forming the sub-wave i-ii of its wave (iii) as the next wave up will be the sub-wave iii of wave (iii) of major wave 3 of mega wave (3).
Unless the last high is the end of its wave (iii)
Then the current pullback is only the starting of a higher degree wave (iv) correction.
http://chanky50.blogspot.com
