KLSE Stocks Review

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ChartStory72
Publish date: Fri, 09 Apr 2021, 02:10 PM
ChartStory72
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Requested by one of our subscribers. 
 
Are gloves coming back? Previously i had posted an analysis on TopGlov, you may check it out at the pinned section.
 
Similarly to Topglov, prices are approaching the 1.618 Golden Ratio area where there is a high chance that the Golden Reversal will happen. At the same time notice how prices respects the 3/1 resistance level as it tested thrice, all with different Fibb Level. The Fibb Levels + 3/1 resistance were just too accurate. Coincidence? 
 
Prices are expected to approach the Golden Ratio Area before executing a strong rebound higher, as shown with the blue line. The return of gloves may not be just a dream.  
 
Industry : Healthcare 
 
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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