KPS: What is next move after correction we anticipated ?

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•Source : http://www.kinibiz.com/story/corporate/44823/putrajaya-selangor-compromise-talks.html

We anticipated KPS will have correction on last Friday !!! Every movement of this stock happen according to the forecast we make. The technical analysis and justification we make on last Thursday which allow us to make such high precise prediction and forecast mainly were come from few points

1. Main trend was meet the neckline trend-line and horizontal trend- line.
2. Med term wave 3 was under development
3. Short term trend line is on wave 5 decouple with the bearish divergent 
4. Elliot wave formation rule such as wave 2 formation is complex and wave 4 is simple and so on...

Last week posting : http://klseelwavetrading.blogspot.com/2014/09/kps-small-correction-is-just-aroung.html

The past is become history and it is an important reference for us to move forward... as a trader and investor we are consciously looking forward what will be happen next by looking at the indicator, pattern and so and so on...? here I would share my opinion base on my past experiment and no intention to ask and advise anyone to buy,sell or hold the stock I mention...

1st step is always look at the big picture where are we now ?  by Elliot wave count KPS is on 

Wave 5-3-3-5 ? Again !!! the last wave is same as last week, which is wave 5 on correction wave ! Correction is just around the corner AGAIN ? I don't know whether is coincident or what ? it seem to be like the cycle and time is relative match ...you should have the answer :-) 

Regard to the question we raise just now ... will have correction on 12/9/2012 or bull ran ? I anticipating it will go to hit 1.96 and "may" retrace back rm 1.88  or will have another white solder candle up till 2.08 and 2,20... this could be happen on Friday or next week. all the forecast or technical verdict we make is base on 

1st that is a good sign is head and should neck line been broken and prices stay above the horizontal neck line

2nd Although the smaller wave degree is on wave 5, but I do observe an wave extend signal.

3rd MACD and volume seem to be support the med term wave 3 under development.

The only draw back is Friday and 2 to 3 days off for Bursa !!! anything can happen !!!

I will hold this  KPS and Keep on eye of this stock... I am anticipate the next move in on Friday or Next week to hit 2.08 and 2.20 or higher...

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