KLSE Stocks Review

TASHIN (0211) The Story behind the Chart of TASHIN HOLDINGS BERHAD

ChartStory72
Publish date: Fri, 11 Jun 2021, 11:24 AM
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Tashin 0211 
 
Overall of prices are in a strong uptrend, the bankers had already started pushing ever since the ranging from previously and prices went all the way up towards the 4.618 level, which is the highest resistance possible. 
 
The highest form of resistance is too strong for the prices to Breakthrough and therefore the start of the downtrend. However, prices did manage to find support at the Golden Ratio Area and prices are in an undecided area. An undecided area is where bankers are still deciding that whether they want to push one more round up or just let it go and let the prices to slowly drop while they cash out.
 
The good news is, since prices did manage to find a small rebound on the 1.618 Golden Ratio Area, the more likely area prices will head is up towards the 2.618 Area where prices previously ignored. 
 
Let's observe and see. 
 
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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