BRDB updates

BANDARAYA DEVELOPMENTS BERHAD stock code 1473 sector : properties

Previously:
1. Well corrected (68% Fibonacci rebound).
2. Multiple (different wave scale reading) : Both Elliot immediate and minor wave 'agree'. Think so Elliot minor wave 2 (white numbering) in the making, could end anytime. Bullish wave 3 should come very soon. Elliot immediate bullish wave 3 (blue numbering) could already started.   It need the break out from 1.65 pt, to confirm it is the bullish immediate wave 3 and will go far.
3. Short-to medium term target: 1.70 to over 2.00.
4. Final forget it signal is the collapse of support/pivot 1.33

Updates:
Now in a sideway mode. Small volume and less trading activities. That consider good in view of current Bursa Malaysia correction days.

Other previous bullish points still intact.

Based on day to day observation, this stock is very easy and ready to go. Most of the bears already out, need a little more of buying.

click to enlarge : BRDB daily chart:

brdb-latest

Other data  on BRDB http://biz.thestar.com.my/brdb

News : The star news on BRDB

BANDARAYA DEVELOPMENTS BERHAD stock code 1473 sector : properties

Previously:
1. Well corrected (68% Fibonacci rebound).
2. Multiple (different wave scale reading) : Both Elliot immediate and minor wave 'agree'. Think so Elliot minor wave 2 (white numbering) in the making, could end anytime. Bullish wave 3 should come very soon. Elliot immediate bullish wave 3 (blue numbering) could already started.   It need the break out from 1.65 pt, to confirm it is the bullish immediate wave 3 and will go far.
3. Short-to medium term target: 1.70 to over 2.00.
4. Final forget it signal is the collapse of support/pivot 1.33

Updates:
Now in a sideway mode. Small volume and less trading activities. That consider good in view of current Bursa Malaysia correction days.

Other previous bullish points still intact.

Based on day to day observation, this stock is very easy and ready to go. Most of the bears already out, need a little more of buying.

click to enlarge : BRDB daily chart:

brdb-latest

Other data  on BRDB http://biz.thestar.com.my/brdb

News : The star news on BRDB

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