KLSE Stocks Review

Kossan 7153

ChartStory72
Publish date: Wed, 21 Apr 2021, 03:18 PM
ChartStory72
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Kossan 7153
 
One of the Top Gainers Counters for today. 
 
This one is an interesting one. The previous 2 glove counters that i analyze are actually showing signs of uptrend but this one is still 50/50. But usually if the other 2 TG and Supermx were to resume uptrend Kossan will definitely follow, but for now let's just focus on Kossan Individually.
 
Overall prices are still in a downtrend, prices had testing the Gann level of 3/1 twice and because of that we know that is a respectable resistance. By combining with the Fibb Arc, we can see that prices are approaching a critical point. I call this The Fibb Point of No Return. When prices approaches this level, is either they die and trend lower strongly or they revive and come back big time. All we can do is wait and see which direction prices will break. 
 
There are moments where doing is nothing is the best strategy.
 
Industry : Healthcare.  
 
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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