KLSE Stocks Review

UCREST (0005) The Story behind the Chart of UCREST BERHAD

ChartStory72
Publish date: Tue, 07 Sep 2021, 04:59 PM
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Ucrest 0005
 
Normal TA VS Fibonacci TA
Normal TA 
 
Let's do something different today as everyday you see post all about Fibonacci. Today I am going to do a comparison between Fibonnaci TA and Normal TA. To access the remaining post you can follow my Telegram Channel, it is all inside my Channel. Link is at the Bottom.
 
Overall prices are still considered to be on an uptrend as there are no lower lows formed yet. By looking at the most recent prices, we can see that prices had formed a Multi Bottom Support Area. 
 
This Support Area will be an important Level as if prices breakdown from that Level the the First lower low had formed and a potential downtrend may come. As for now prices seems to be quite strong and are heading towards the resistance level. 
 
It is pretty straightforward as everything can be explained simply just by looking at the chart, I have already highlighted the important Support/Resistance Levels. However, if you seek for Hidden Support/Resistance then we need to look at the Fibonacci Levels.
 
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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.

 

UCREST (0005)
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yesyesyes

is there any story on "UCREST (0005) The Story in front the Chart of UCREST BERHAD" ?

2021-09-30 10:20

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