hanssidharta

TechnoFundamental Analysis for IDX-WOOD

Long
IDX:WOOD   INTEGRA INDOCABINET TBK
IDX:WOOD is showing a clear sign of trend reversal.

Technical :
After making consistent higher low and higher high, IDX:WOOD is reaching a new high and hit EMA 90 (Sell Area 1) .
The price would retrace for a while and then hopefully it would bounce back higher to sell area 2.

Fundamental :
Sell Area 2 is similar with the stock's intrinsic value (around 640).

Good Luck!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.