KLSE Stocks Review

QES (0196) The Story behind the Chart of QES GROUP BHD

ChartStory72
Publish date: Sun, 11 Jul 2021, 11:56 PM
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Qes 0196 
 
*Update*
You may check the previous post here at: https://klse.i3investor.com/blogs/KLSEChartStories/2021-07-02-story-h1567776015-QES_0196_The_Story_behind_the_Chart_of_QES_GROUP_BHD.jsp
 
Another successful prediction by the power of the Fibonacci . Prices reverse exactly at the Distribution Triangle. Magic? nope, Math? yes. 
 
Prices are expected to continue dropping in the short term and perhaps towards the Double Fibonacci Immediate Support. If prices are able to rebound at that Double Fibbonaci Immediate Support, we may see a continuation of uptrend, however if prices fail to do so, a potential downtrend may come. 
 
 
Industry: Industrial Materials, Components & Equipment.
 
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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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