KLSE Stocks Review
Comfort 2127
ChartStory72
Publish date: Thu, 15 Apr 2021, 02:09 PM
ChartStory72
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The return of gloves? I see many glove counters are rebounding today and i did an analysis on TopGlov and Supermx previously. You may search for it if you are interested to know more.
What we can see here is that prices went on a super ranging mode after the uptrend last year and prices had broken down from the range on Feb 2021.
However, recently there are monies returning into comfort. (It is returning to all Gloves Stocks) We see a surge in prices as many retailers had already cut their losses at this very bottom. The bankers are laughing and they have decided that the time to push the prices of gloves is now and many retailers will think it is too good to be true this time.
Prices are expected rise up to the circled area, which is the combination of 0.618 + 3/1 resistance 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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