KLSE Stocks Review
AT 0072
ChartStory72
Publish date: Mon, 26 Apr 2021, 02:39 PM
ChartStory72
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AT 0072
One of the Top Most Actively Traded Counters for today.
Overall prices are in a ranging mode, eventhough prices may seem to be downtrending but actually it is in a ranging mode.
Prices were ranging from June 2020 till Nov 2020 where prices suddenly spiked up high. After that spike prices seem to be in a slow Downtrend. Why the slow downtrend and not the typical fast up fast down? The bankers who push this stock are smarter, as they are trying to sell hope to the retailers that it's is a steady uptrend. Notice the few Fake Buying that occurs and 'Coincidentally' prices also rebounded off the Gan Box resistance?
Prices went back into the box and had Breakout from it last week. Therefore there should be a small rally towards the next resistance level of the 3/1 level.
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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