KLSE Stocks Review
SERSOL (0055) The Story behind the Chart of SERSOL BHD
ChartStory72
Publish date: Mon, 02 Aug 2021, 07:21 PM
ChartStory72
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SerSoL 0055
This is an updated version from my previous analysis which you may access at:
https://klse.i3investor.com/blogs/KLSEChartStories/2021-07-19-story-h1568694694-SERSOL_0055_The_Story_behind_the_Chart_of_SERSOL_BHD.jsp
As predicted, prices manage to stay above the Level 1 Defense for a few more days and manage to get a little higher. However, it is immediately stopped by the Golden Ratio Twin Resistance.
The Golden Ratio Twin Resistance consists of a combination of 2 different types of Golden Ratio Values. If you do not know the significance of the Golden Ratio, you can google and learn more about the math behind it.
Prices should continue to drop, at least in the short-term. A potential reversal zone would be the resistance turn support Level. Let's Observe.
Industry: Chemicals.
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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.
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At Chart Story, we believe stock prices move for a reason. Our objective is to share what we believe.
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