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Supply & Demand Ideas, PGAS 1M

Long
IDX:PGAS   PERUSAHAAN GAS NEGARA TBK
This post has 2 language versions, English and Indonesian, so everyone and Indonesian people can understand it.

EN: On the monthly timeframe, PGAS shares price increased by 30.7% after retesting the DBR Demand Zone located in the price range of 900-1075, where the DBR Demand Zone has a zone width of 175pts and a price moveaway of 820pts or 4.68x from the width of the DBR Demand Zone, a zone can be said to be valid & tradeable when the zone has at least a 3:1 price moveaway. If we analyzing using the Supply & Demand methodology, the current trend of PGAS stock is a Bullish move to the Target Price of 1900 or before reaching the RBD Supply Zone in the price range of 1915-2260.

ID: Pada timeframe bulanan, harga saham PGAS mengalami kenaikan harga sebesar 30,7% setelah melakukan retest pada DBR Demand Zone yang terletak pada rentang harga 900-1075, dimana DBR Demand Zone tersebut memiliki lebar zona sebesar 175pts dan price moveaway sebesar 820pts atau 4.68x dari lebar zona DBR Demand Zone, sebuah zona dapat dikatakan valid & tradeable ketika zona tersebut setidaknya memiliki price moveaway 3:1. Jika menganalisa menggunakan metodologi Supply & Demand, tren saham PGAS untuk saat ini adalah Bullish hingga Target Price 1900 atau sebelum mencapai RBD Supply Zone yang berada pada rentang harga 1915-2260.

*Opinions expressed here are not intended to be a forecast of future events, a guarantee of future results or investment advice, and are subject to change based on market and other conditions.
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