Another one with the most Actively Traded Counters for today.
Short-term wise we may see prices are dropping after the huge spike AND it may look like the typical pump and dump stock whereby normal technicals may sometimes be deceiving. However, prices are actually preparing for another round of uptrend.
Most funds are actually holding an average of around RM0.31 area,while the huge sell-off during Dec 2020 are around RM 0.46 area, which means fund houses are still inside and they did not sell off enough of their shares to make a major profit, therefore they need to push 1 more round in order to sell off everything.
Using a combination of both Fibb and time cycles, we can see prices always rebounded at a specific area, that is how we know when to enter and when ti leave. The predicted next move is shown by the blue line where prices should hit the next potential area which is the Fibb level of 0.786 on 0.618 retrace and shoot up higher.
Industry : Property
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.
terence775
Hello could you take a look at DNONCE please?
2021-04-01 16:27