KLSE Stocks Review
NOVAMSC (0026) The Story behind the Chart of NOVA MSC BHD
ChartStory72
Publish date: Wed, 30 Jun 2021, 01:19 PM
ChartStory72
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Novamsc 0026
Overall prices are in a steady uptrend, which is good. Notice there were multiple rejections between the 0.786 and 1 Level, so let's keep that in mind as that Fibbonaci level is a well respected area.
Moving on, today we see that prices are finding support and rebounding off the Golden Triangle area. The Golden Triangle Area is where bankers love to collect their shares, the most obvious sign is that whenever prices enters the Golden Triangle Area, Volume will increase and the inflow of monies increase as well, together, sure something had to be brewing behind the scenes.
Let's observe and see the coming days.
Industry: Software.
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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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