KLSE Stocks Review

TOMYPAK 7285 TOMYPAK HOLDINGS BHD

ChartStory72
Publish date: Tue, 01 Jun 2021, 03:11 PM
ChartStory72
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Following Message

 

Tomypak 7285 
 
Requested by one of our subs as well. 
 
It's a no brainer to realize that prices are in a downtrend and prices will only continue to head lower UNLESS, prices are able to break up from the Multi Tested Resistance level of 1/1. Tested for 4 times. 
 
Before the downtrend, there are also signs of heavy distribution. Nothing to see here unless we are able to short sell the market. If prices are able to break up from that 1/1 Critical Resistance, perhaps I will relook at this stock. 
 
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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