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Supply & Demand Ideas, PWON 1M

Short
IDX:PWON   PT PAKUWON JATI
This post has 2 language versions, English and Indonesian, so everyone and Indonesian people can understand it.

EN: On the monthly timeframe, upside momentum trendline break is happening which is indicate that bullish move is over and in transition into bearish move plus PWON share price fall -34.96% after retesting the DBD Supply Zone located in 610-696 price range, if we analyzing using the Supply & Demand methodology, the current trend on the monthly timeframe is sideways/consolidation with more probability for price to continue falling.

ID: Pada timeframe bulanan, telah terjadi upside momentum trendline break yang menandakan tren menaik atau bullish sudah berakhir dan transisi menjadi tren turun atau bearish ditambah dengan harga melakukan retest pada DBD Supply Zone yang berada pada rentang harga 610-696 yang mengakibatkan harga saham PWON turun -34.96%. Namun, jika menganalisa menggunakan metodologi Supply & Demand, tren pada timeframe bulanan saat ini adalah sideways/konsolidasi cenderung turun.

*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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