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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