KLSE Stocks Review

KOBAY (6971) The Story behind the Chart of KOBAY TECHNOLOGY BERHAD

ChartStory72
Publish date: Sun, 08 Aug 2021, 07:13 PM
We post FREE chart reviews on KLSE daily Top Gainers and Most Actively Traded Counters. We are also giving out free reviews for our subs as well. Come join us on Telegram and PM us to learn more and request for the stocks you need reviewing for FREE.

Facebook : https://www.facebook.com/thechartstory

Telegram : https://t.me/thechartstory

 

Kobay 6971
 
Overall prices are in a super strong uptrend after the rangy collection. As usual, there's a Collection Triangle at the bottom which signifies the collection by the bankers. The breakout from the Triangle Indicates the confirmation of the bankers on the start of the push. 
 
Prices went all the way up towards the Second hardest Resistance Level. The Fibonacci Distribution Triangle Level 3. Now we need a last confirmation to confirm this Level of Resistance. If the following few days there's a strong rejection, then it is 96% confirmation that this Level is the banker's Last Destination. 
 
At the same time, we can see that the inflow of monies are slowing down as well. Not a good sign. 
 
Industry: Industrial Materials, Components & Equipment.
 
Come join us on Telegram and PM us to learn more and request for the stocks you need reviewing for FREE. 
 
Telegram : https://t.me/thechartstory
 
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.

 

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment