KLSE Stocks Review

Unisem 5005

ChartStory72
Publish date: Fri, 02 Apr 2021, 02:08 PM
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One of the Top Gainers for today. 
 
Let's do something different today where i used to keep this as a secret so read up properly fellow subscribers.
 
Overall we see a decent and steady uptrend. Today we are going to analyze this chart using the Fibb Arc combining with the Gann Fan. Notice how whenever the Fibb Arc is broken prices will rally further to the next Arc resistance. Notice on the 2nd of March 2021, prices were unable to break the Fibb Resistance Arc causing prices to drop significantly. At that point in time if we came across something like this, we will know it is the time to take profits(PEAK) and see what will happen next. 
 
Notice after prices are unable to break the Fibb Arc it drops EXACTLY to the 2/1 degree of the Gan Fann angle AT THE SAME TIME it breaks the Fibb Arc. Now you see their power. I call this the The Arc of Gan theory. 
 
Now prices are expected to rally higher in the future as shown with the blue line.
 
Industry : Technology
 
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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