KLSE Stocks Review

Minda 5166

ChartStory72
Publish date: Tue, 25 May 2021, 11:36 AM
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Minda 5166 
 
Requested by one of our subscribers. 
 
Prices are no doubt in a strong uptrend and it is now finding support at the 2/1 level from the Uptrend Gann Fan. This indicates strength, which is good, more upside to come. 
 
However, this is just the 1st confirmation as we need the final confirmation which is the resistance level of 1/1. Prices but must breakup from that level then we can consider the resumption of uptrend. Prices are now forming a virtual triangle. Let's see if prices are able to break up today. 
 
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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