KLSE Stocks Review

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ChartStory72
Publish date: Tue, 06 Apr 2021, 02:25 PM
ChartStory72
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We post FREE chart reviews on KLSE daily Top Gainers and Most Actively Traded Counters. We are also giving out free reviews for our subs as well. Come join us on Telegram and PM us to learn more and request for the stocks you need reviewing for FREE.

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One of the Top Gainers Counters for today. 
 
Very nice counter as it is in a steady uptrend. In Chart Story we only believe in Fibb levels, ordinary Trendlines are just too subjective and not as accurate. 
 
Notice, by using the Fibb Trend, you can see that the Dynamic Support and Resistance are actually between the Fibb Level of 0 to 0.382 as the 0.382 level has been tested thrice. Whenever prices touch the 0.382 level it will be sure to rebound off. This indicates that it is a very good profit point for us. Notice the most recent strong rally during Feb 2021, prices rallied fiercely but still could not break above the 0.382 Fibb level.
 
At the same time, prices always rebound higher whenever it gets closer to the 0 Fibb Level. The most recent rebound during 16 March 2021, prices rebounded off EXACTLY at the Fibb 0 level + the 0.618 Golden Ratio level. 
 
Prices are expected to rally higher as shown with the blue line to the next Fibb Level. 
 
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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