ChartStory72
Publish date: Fri, 16 Apr 2021, 02:40 PM
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HLT 0188
 
One of the Top Most Actively Traded Counters for today. 
 
First, we see a Trinity Dumping. Where prices are dropping eventhough buying volume is huge. Prices looks somewhat in a huge ranging mode since Aug 2020 but in reality it is actually dropping. The 1st Dumping occurs on Aug 2020 all the way till Jan 2021 where there is a surge in buying Volume, however prices continues to drop and even breakdown of the ranging box. 
 
Until recently, I detect a huge inflow of monies collecting at the bottom. Most likely the bankers have already know that most retailers had already cut their losses and they are ready for round 2. 
 
Prices should move towards the next level of 0.618 + 3/1 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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