KLSE Stocks Review
Tasco 5140
ChartStory72
Publish date: Thu, 27 May 2021, 04:09 PM
ChartStory72
0 211
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Tasco 5140
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Prices Overall are in a uptrend and had recently peaked at the Fibo 0.382 level. After that peak, prices reverse strongly even breaking Fibo Support Level 0 and it is finding support at the 0.236 level now.
At the same time prices rallied towards a very critical point. Why is it a critical point? There are multiple resistance at that point, combining both the 3/1 and the Pitchfork Resistance, we know that, that point is a critical resistance area. In order for prices to rally higher, we need to see a breakthrough from that area, if prices are unable to Breakthrough that area, prices will continue heading towards the downside.
A moment of truth.
Industry : Transportation & Logistics.
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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