KLSE Stocks Review

ARBB (7181) The Story behind the Chart of ATURMAJU RESOURCES BHD

ChartStory72
Publish date: Thu, 24 Jun 2021, 03:30 PM
ChartStory72
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ARBB 7181 
 
At first glance without entering the Fibo levels, price may seem to be in a ranging mode, however that is not the case. The truth is that prices are actually leaning towards the downtrend ranging mode. Why? 
 
Notice I added something new today which I am going to reveal today. One of the Fibo Secrets which is The Balancer. The Balancer is a hidden line inside the prices which the purpose is to bring balance between the Bulls and Bears. The power of Yin and Yang, when one side is stronger, an off balance will occur and The Balancer is there to detect it.
 
Now notice that both the balancer intersects with each other? At the same time prices are below both of the balancers. This indicates Full Momentum towards the downside as now the Bear energy is at it's peak or strongest. Prices should continue rally down towards the next Fibo Support. Let's avoid entering of now and rather observe at the side lines. 
 
Industry: Software. 
 
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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