KLSE Stocks Review
Dufu 7233
ChartStory72
Publish date: Wed, 14 Apr 2021, 03:08 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.
Prices had been on an uptrend since March 2020 and it entered into a massive ranging since Aug 2020. After drawing all the resistance zones we know that the 0.25 Fibb resistance is a respectable resistance zone as when prices broke out from the range on Feb 2021, prices were unable to break the Trend Resistance of 0.25. After that prices went back into the range.
Today we are a breakout from the range again and there is a high possibility that prices will head higher, but to where? There are 2 key areas which are circled in purple with the blue line.
1st key level, the Fibb level 1 + the 0.382 level, strong resistance zone.
2nd key level, the Fibb level of 0.786 + 0.5 level, strong support zone.
Take a guess what to to with those levels.
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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