KLSE Stocks Review

Tawin 7097

ChartStory72
Publish date: Tue, 06 Apr 2021, 12:34 PM
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Requested by one of our subscribers too, so i m here to fulfil my promise and review for you my fellow subscriber.
 
Overall i love to review charts like this as it is in a strong uptrend. By looking at the Fibb Trend. Notice that prices respects the critical Fibb level of 1. Where prices tested that level thrice. Many may have not notice the importance of the Fibb level 1 as when Fibb level 1 has been tested for at least 3 times and broken after, it indicates strength and a 'boost' for the price to rally higher. I call this the Fibb Trio Retester. 
 
At the same time, i detect a huge inflow of monies for past few months, another indication of strength. Lastly, prices should rally higher ti the next Fibb + Arc level as shown with the blue line.
 
Industry : Industrial Products & Services.
 
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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