KLSE Stocks Review

BAT 4162

ChartStory72
Publish date: Thu, 20 May 2021, 11:51 AM
ChartStory72
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BAT 4162 
 
Requested by one of our subscribers as well. 
 
For the past one year prices were forming a huge Cup & Handle Pattern and finally we see a breakout today, after so long. Reward always goes to whoever have the patience for it and today we see fruition. 
 
Prices broke out from a major  Cup & Handle resistance which took 1 year to form, indicates super strength. At the same time, the rally is also so strong that it stays within the Gan Range. Prices are expected to continue to rally higher in the future within the Gan Range where the short term support and resistance are drawn in the chart. You may use them as your guide. 
 
Industry : Consumer 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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