KLSE Stocks Review
Mahsing 8583
ChartStory72
Publish date: Fri, 23 Apr 2021, 03:58 PM
ChartStory72
0 211
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Mahsing 8583
One of the Top Most Actively Traded Counters for today.
Prices are somewhat in a rangy uptrend as previously you can see that prices spiked up too high and fast, it went 'Out of Range'. When prices are out of it's suppose range, prices will fall immediately regardless. A good example would be a rubber band, when a rubber band is being stretched to max, the next possible outcome is to return to it's original state IF the rubber band should not break. The Golden Ratio is the Ultimate Resistance for the short term.
Fast forward today, we see prices gapped up towards a critical Fibo point of 0.5 + 0.382, if prices are able to breakthrough today, we will see a rally, however if prices fail to break that level, prices will fall and fill up the gap it creates for today.
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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