KLSE Stocks Review
QES 0196
ChartStory72
Publish date: Thu, 22 Apr 2021, 04:14 PM
ChartStory72
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QES 0196
Overall strong uptrend, bankers are pushing round 2 for now. Notice that the previous push, prices are able to touch the Golden Ratio Area, this indicates that the bankers know what they are doing. They are following the laws of nature.
At the same time, we see a strong support level at the area between the Fibb level of 0.786 and 0.618. When prices break above the Fibb resistance Arc, we can conclude that round 2 has started and we will see a strong rally after that, seeking to re-test the Golden Ratio.
The final confirmation is that, when prices breaks both the Fibb resistance Arc + Golden Ratio, prices will head to the next level, which is the Golden Ratio x2. The 2.618.
Industry : Industrial Products & 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.
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