KLSE Stocks Review

Wong (7050) The Story behind the Chart of WONG ENGINEERING CORPORATION BERHAD

ChartStory72
Publish date: Mon, 03 Jan 2022, 11:09 AM
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

 

Wong 7050 
Market review Series 
 
Overall prices are in an uptrend. However, there is a strong surge down for the past 4 months which could potentially be a start of a range or even downtrend. 
 
On the middle of November, prices touch and fail to break the Gann Fan level 3/1. Since then, prices had dropped significantly. Yet, the volume is contradictory with the price movement. 
 
The Bankers choose to respect the Critical Fibonacci Support level. Since then, prices had been trending higher steadily. Currently, prices are trending towards the Fibonacci resistance combination, which had rejected the prices strongly in the past few months.
 
Join us on Telegram and PM us to learn more and request for the stocks you need reviewing for FREE. We also post other extra contents that we do not share here, which includes weekly recap and weekly analysis. 
 
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