KNM attract Institutional investors ? I am jumping in ...

This is a very positive signal! Four consecutive wave degrees show a clear POSITIVE trend, as well as a
positive EASI, which indicates that the target has not yet been reached. More and more wave degrees showing  a positive trend increases the probability of strong acceleration!
Check if the wave degrees are the time frames you trade.

This is a very long term signal for institutional investors since it starts with the Cycle wave degree followed by the primary and Intermediate wave degrees. The target of the Intermediate wave degree, which is in wave summary(0,Primary,up,current wave), is the most conservative target to reach at 1.8083 or percentage wise 90.3496%

Action                 : Long/buy, 4(!) wave degrees uptrend
Type signal   : BREAK OUT,conservative
Applies to     : Institutional investors
Conservative Target  :1.58 
2nd Target :1.96
Wave degree (1st) :Cycle
Wave       :3
Wave degree (2nd) :Primary
Wave :3
% signals wave 2 :13.4656
% signals wave 3 :69.9268
% signals wave 4 :16.6076
% signals wave 5 :0
Late Exit Alert :0.8780
Earlier Exit Alert :0.8780

If we are Med to Short term trader, may look in to the smaller and recent wave degree, it showed 2 consecutive wave 3 pointing uptrend with the consecutive target RM1.14 to RM1.24 and Med term is RM1.58

The recent wave 2 downtrend ended with WXY,  this pattern defined as a complex corrective pattern. in each wave itself is a corrective wave. the X wave should retrace more than 61.8% to qualify as a WXY, it is common and  can be form a sideways or sharp correction

To confirm wave 2 is ended? you may wait for the price touch 1.06 to validate it,but the margin was less, this is prices to wave 3 will start and heading to 1.15 to 1.24 .

I will Enter the trade by waiting it pull back, I will jump in to ride the wave 3 up...;

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