KLSE Stocks Review
MKland 8893
ChartStory72
Publish date: Mon, 19 Apr 2021, 02:10 PM
ChartStory72
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Overall steady uptrend, uptrend is still within the Uptrend Channel. Prices tried to break above the Fibb level 1 resistance but fail to do so, few weeks back. Prices have been trending lower ever since.
Looking back from April 2020, how do we know prices will go higher? There were a Quadruple Collection going on for the past 1 year. The first 2 collection were done by Insiders or someone with first hand news, while the last 2 collections were done by bankers, followed by a push in prices not long after.
Prices recently rebounded at the 0.5 of the 0.5 Fibb level. Coincidence?
Prices should head higher and retest the Fibb level 1 resistance, as shown with the blue line.
Industry : Real Estate.
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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