KLSE Stocks Review

LionIND 4235

ChartStory72
Publish date: Wed, 05 May 2021, 02:14 PM
ChartStory72
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LionIND 4235
 
One of the Top Most Actively Traded Counters for today.
 
Overall strong uptrend. From the past we see a strong price rejection between the Fibo/Gan levels of 3/1 + 1/2, tested twice. Let's keep that in mind for future use.  
 
Fast forward till recently we see a strong rebound at Fibo level Resistance 1 turned Support + the 1/1 Gan level. Combining both levels creates a critical area for support. 
 
Prices should continue heading higher as there are strong inflow of monies to push the prices higher in the short term.
 
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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