andryj

ADRO - 30 Oct 2022

Long
andryj Updated   
IDX:ADRO   ADARO ENERGY INDONESIA TBK
I'm using Eliott wave theory to try see where we are right now. and currently my view is we are on the way to correction 4, before another rally to 5.

lower target 2930
then
higher target >4360 (if break new ATH, price discovery)

NFA DYOR
Comment:
Looks like finishing towards wave 4
Comment:
Wave4 target hit, need to see for the rebound
Comment:
The Wave 4 target is broken, perhaps after big dividend trap, meaning the eliottwave is invalidated, will see where it's going to land

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