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ISSP , Is this the end of its bullish cycle?

STEEL PIPE INDUSTRY OF INDONESIA (IDX:ISSP)  
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IDX:ISSP   STEEL PIPE INDUSTRY OF INDONESIA
Chart Patterns Wave Analysis Beyond Technical Analysis Ending Diagonal ISSP IDX idxindonesia ihsg indonesianstock
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chartpattern waveanalysis beyondta endingdiagonal issp idx idxindonesia ihsg indonesianstock
The recent All Time High (ATH) just hit the 1.618, and then followed by bearish engulfing. Additionally, there is a potential ending diagonal pattern. TP 2 & TP3 are for overextended scenarios which is low probability if we're considering the current market condition. If ISSP can break out from 394, we can expect potential upside target around 436 - 526. ISSP technical chart represents neutral with caution market condition.

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This analysis is not financial advice. Please note that you are responsible for your own investments. This chart only represents my opinion and view about the stock market in general and may be used only for educational purposes.
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