Here we are trying to analyse the Elliot Wave for Pentamaster.
We combined with fibonacci projection to finetune the analysis and we found out that the current price is at the end of wave 5, with the assumption of wave 3 extension.
Also the green lines, show the target price based on Wyckoff Law Cause and Effect.
Despite KLCI went to 1628 to previous support, we are looking at the sectors that behave differently. The top 4 sectors are; Technology, Construction, Small Cap and Industrial Products.
Timeframe : YTD.