KLSE Stocks Review

GREENYB (0136) The Story behind the Chart of GREENYIELD BHD

ChartStory72
Publish date: Thu, 17 Jun 2021, 02:48 PM
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Updated Version. Read the previous review at 

https://klse.i3investor.com/blogs/KLSEChartStories/2021-06-03-story-h1566041376-GREENYB_0136_The_Story_behind_the_Chart_of_GREENYIELD_BHD.jsp 

GreenYB 0136 
 
*Update* 
 
Notice from the previous post, I have drawn the Critical Rejection Area Triangle. If prices are able to stay and close above the Triangle then it is very clear  that prices will continue to rally. However, that is not the case. The Triangle is too strong that prices got rejected hard back into the collection zone.
 
Prices are still showing some promising signs that the bankers are still planning to make one more major push upwards, therefore the next potential collection area will be at the Collection Triangle and as usual, if prices are to break below the last line of defense then all hope is lost. 
 
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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