KLSE Stocks Review

Sasbadi 5252

ChartStory72
Publish date: Mon, 19 Apr 2021, 02:45 PM
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Sasbadi 5252
 
One of the Top Most Actively Traded Counters for today.
 
A sudden push in prices today is not something to be surprise off as there are lots of signs that prices will indeed spike very soon. 
 
The 1st sign is way back last year, where we can see there were a Trinity Collection, where there are huge inflow of Monies. After that prices seems to be 'ranging' for a few months. That range is what we called the Fake Range. What happens in a fake range? Notice how prices are actually slowly going up instead of ranging, prices bounces off between Fibb level 0 and 0.382. At the same time, during a fake range, bankers are actually collecting slowly as they do NOT want to trigger any retailers to enter the market and force the retailers to sell to them instead. 
 
The last sign is actually just a few days ago, where there is a last min huge spike inflow of monies. These are the shareholders that forget to collect previously and forced to collect last min. 
 
Industry : Telecommunications & Media.
 
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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