KLSE Stocks Review

Maybulk 5077

ChartStory72
Publish date: Thu, 06 May 2021, 01:15 PM
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Maybulk 5077
 
One of the Top Most Actively Traded Counters for today. 
 
Overall prices are in a uptrend. Looking back at the past, we see that the Fibo Resistance level 1 is a well respected resistance as prices tried breaking that level twice but fail to do so until today. 
 
Today we see a strong breakout from that critical Fibo level, at the same time there are large inflow of monies. Combining both factors here, today's breakout should be genuine. Prices should head towards the next Fibo level which is the  Fibbonaci Golden Ratio 1.618.
 
Industry : Transportation & Logistics.
 
n 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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