Break up R & TL MN Buy or Avg up 2720 50%cap ; 2700 50% cap T1 2820 (Inside bar) T2 2930 (next R) T3 wait break up T2 Escape plan: D1 closed under 2660 = CL BEP or at 2690. SL is your MM tolerance Risk : Wedge , liquidation Support 2620
Potential new bullish trend Break down trend trendline, upside target 3650 to chase the gap
minor correction on previous resistance which become support. considering the global energy consumption which is increase and rumors regarding political matters of the holding person of ADRO, it might be the right time for taking long position.
Adaro has reached it's value (IDR.2900-3100) Potentially it can breaks IDR.3230 Support at IDR.2770
Adaro energy almost hit their value Next target IDR3100 Support IDR2680
Adaro still in a great volume Our next target is IDR2710 Support at IDR2660
Closed green 4 days in a row Our weekly target is IDR2720
ADRO D1 Momentum: Bearish Divergence Pattern: Bearish Flag Volume: Bearish Divergence I think Market Maker still waiting to buy at 1600 - 1895. Let see guys.
Early trend, has a room for a false break. But it has a good volume We set our target IDR2720, next week
Good volume, take it as our alert If next week it break IDR2450, we'll add some of adaro's shares
Moving Average trend indicators are running into a death cross in IDX:ADRO , giving a sign for mid-term downtrend to sustain. My swing low targets are placed at level 1705 to 1730, leaving a sharp drop around 26 to 27% downside. I hope my chart perspective would be wrong, but if.. it happened, you guys had been warned from the start.
It seems like investors slowly adding some share of it, but it was not good enough. If it close above IDR2360 incoming week, it is a good sign
Wait and see If it breaks IDR 2360, we'll add it Target IDR2720
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
I have pilot positions from a pullback buy. The stock gets some support on the 4th day of a pullback before I initiate my low-risk position.
The price break support area at 3100. Now the price will retest next support at 2970.
share chart ADRO Bullish pennant MA30 uptrend share chart ADRO Bullish pennant MA30 uptrend share chart ADRO Bullish pennant MA30 uptrend share chart ADRO Bullish pennant MA30 uptrend
Trial to identify channel for ADRO chart ( uptrend, sideways , downtrend )