AeonCR 5139
One of the Top Gainers for today.
Prices are in a steady uptrend, very good. First thing to notice is that prices respects the 0.236 Fibb level, it indicates that the 0.236 is a well respected support, maybe of use in the future. At the same time there is a mini strong uptrend inside of the steady big uptrend. In that mini uptrend, we see that the 1/1 is also another well respected support. Notice in that small uptrend, prices also rebounds at key levels such as the 0.786 + 1/1 area.
Now we also see that the Fibb level 1 resistance area were also tested twice and the most recent test it's just few days ago. This indicates the strength of that Fibb Resistance is growing weaker. Combining both Fibb + Gann Dynamic Duo, there is a high chance that the Fibb Resistance is about to be broken. Prices should move as shown with the blue line.
Industry : Financial 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.