KLSE Stocks Review

HIAPTEK (5072) The Story behind the Chart of HIAP TECK VENTURE BHD

ChartStory72
Publish date: Wed, 30 Jun 2021, 12:54 PM
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Hiaptek 5072 
 
Time flies and the whole uptrend that I mentioned previously also ended dy. Taken all my profits as well. The whole uptrend is around 255% increase since my previous post, how much did you manage get? 
 
Anyway, we see a strong rejection at the all time high 4.236 Fibonacci level and prices rally all the way down ever since. Today we see a small rebounding at the previous resistance Fibo level turn support. At the time same time it is also a support level of 0.5 Fibo level of the Pitchfork. 
 
If the prices are able to hold at that level, we will see a small rebound coming in the future, if not, then prices should continue towards the downside. 
 
I personally would stay out for now. Too risky to trade for me.
 
Industry: Metals. 
 
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