KLSE Stocks Review
SerSol 0055
ChartStory72
Publish date: Fri, 28 May 2021, 06:26 PM
ChartStory72
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SerSol 0055
Requested by one of our subs as well.
Recently I see lots of stocks that have the same pattern. Rangy uptrend + a spike in the end. Coincidence? Honestly I am not sure too myself but one thing I know for sure, same pattern means easy profits because it is predictable.
Multiple collections can be seen if you pay attention. The spike today could not break the Fibo Resistance Level 1 + 1.618 Golden Ratio level. I call this the Dynamic Resistance Duo. Where the resistance is too strong for prices to just spike through. However, if prices are able to break that level, we will see a super strong rally, perhaps even the 2.618 level.
Industry : Industrial 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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