KLSE Stocks Review

Keyasic 0143

ChartStory72
Publish date: Fri, 16 Apr 2021, 02:39 PM
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Keyasic 0143
 
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First we see a Trinity Collection since May 2020. The 1st collection is done by Smart Monies Panic buying, perhaps they had some first hand news on something big. The 2nd and 3rd is more likely the real collection as prices are dropping but the collection grew stronger. Usually after the Trinity Collection, the bankers will start pushing the prices higher and it is exactly what happened. 
 
Prices should continue the uptrend as all combine Fibb levels of 0.5 + 0.382, 0.618 + 0.5 are all respected supports. Prices should head higher as shown with the blue line to the next Fibb level of 0.786 + 0.618.
 
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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