KLSE Stocks Review

Lagenda 7179

ChartStory72
Publish date: Wed, 12 May 2021, 01:08 PM
ChartStory72
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Lagenda 7179 
 
Requested by one of our subscribers, you can get yours too for FREE if you PM us on Facebook so dont be shy.
 
For now, uptrend is definitely over as you can see the multi backtested 1/1 support had  broken during April last month and prices are downtrending ever since. 
 
At the same time, we can see that the most respected resistance are the 2/1 area where prices tried pushing through but unable to do so. Even if prices could push through that area, we have the 3/1 super strong resistance waiting as well. 
 
There were also a few fake money inflows to trapped retailers into thinking big funds is buying, beware of such traps. 
 
Prices should continue trend lower as shown with the blue line. 
 
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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