KLSE Stocks Review

Barakah 7251

ChartStory72
Publish date: Wed, 31 Mar 2021, 04:08 PM
ChartStory72
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Barakah 7251 
 
Another Most Actively traded counter for today. 
 
Prices had been forming a Cup & Handle pattern for the past 6 months. This indicates collection as bankers need alot of shares to keep their average size low before pushing the price higher. 
 
By using Fibb Time Cycles, we can analyse when will the bankers decide to push the price, notice the Fibb timeline is exactly same when prices spiked up today . 
 
Prices are expected to go higher in the future as i see large inflows of monies for the past few days. 
 
Industry : Energy.  
 
In this fast-moving digital world, we get information in a few clicks. However, we rarely get first-hand information and more often we get misleading news.
 
Investing in stocks today is very different from the past, but one thing hasn't changed - to study about a stock before putting money in.
 
A stock chart contains data that is publicly available and accurate by itself. By having certainty in data quality, we can comfortably study charts and make investment judgements.
 
At Chart Story, we believe stock prices move for a reason. Our objective is to share what we believe.

 

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