ECM

ECM LIBRA FINANCIAL GRP BHD (Stock Code: 2143)
This is the last stock in the batch based on intra-day of 24 June 09. Many others have similar reversal signals. I posted a few here because these are the ones I have taken position.  Supposed to post here much earlier but this blog was suspended by Google for a while.

ECM LIBRA

similar to KLCI displaying reversal signal but differs in overall wave pattern

Short-term:
first day: reversal signal
2nd day: confirmation signal
volume : not high on rebound (-)
position taken at 0.615 (24 June 09)

believe so the immediate Elliot 5-wave already completed. Now in a,b,c or zigzag pattern. Thus need special caution and for a very, very short few days holding only. P

ossibly near 0.70. (hesitation at 0.65 expected)

below: ECM daily chart

ECM LIBRA FINANCIAL GRP BHD (Stock Code: 2143)
This is the last stock in the batch based on intra-day of 24 June 09. Many others have similar reversal signals. I posted a few here because these are the ones I have taken position.  Supposed to post here much earlier but this blog was suspended by Google for a while.

ECM LIBRA

similar to KLCI displaying reversal signal but differs in overall wave pattern

Short-term:
first day: reversal signal
2nd day: confirmation signal
volume : not high on rebound (-)
position taken at 0.615 (24 June 09)

believe so the immediate Elliot 5-wave already completed. Now in a,b,c or zigzag pattern. Thus need special caution and for a very, very short few days holding only. P

ossibly near 0.70. (hesitation at 0.65 expected)

below: ECM daily chart

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