KLSE Stocks Review
Silver
ChartStory72
Publish date: Tue, 13 Apr 2021, 04:30 PM
ChartStory72
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2nd to Gold, Silver is also another good asset to keep.
Prices broke down from the Fibo Trend last month, indicates the end of the uptrend. However, the end of of uptrend doesn't mean its a start of a downtrend. For this case, prices are leaning towards a ranging mode for now.
Short tern wise, prices should drop to the 0.5 Fibo retracement level as it tested twice. A respectable area for rebound. The Central Banks are waiting to collect at that area, as shown with the blue line.
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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