KLSE Stocks Review
Frontkn 0128
ChartStory72
Publish date: Mon, 19 Apr 2021, 02:47 PM
ChartStory72
0 211
We post FREE chart reviews on KLSE daily Top Gainers and Most Actively Traded Counters. We are also giving out free reviews for our subs as well. Come join us on Telegram and PM us to learn more and request for the stocks you need reviewing for FREE.
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Frontkn 0128
One of the Top Gainers Counters for today.
Prices are on a strong uptrend. Notice how prices always get rejected at the Fibb resistance level between 0.618 to 0.382. From that we know that, that area is a strong resistance zone where bankers will start taking Profits at that area before pushing it higher. The strongest rejection happens on the 25th of Feb 2021 where prices tried breaching 0.382 level but fail to do so.
At the same time, we see a strong breakup at the combination Fibb level of 0.786 + 0.236 level today. If the break up is successful today, we may see a strong rally in prices towards the 0.382 Fibb level and re-test that 1st base Trend resistance.
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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