The candlestick formation pattern indicates the end of the existing downtrend pattern with RSI conforming to the candlestick pattern due to fresh buying on ADVENTA. Yet, the result in volume is not yet significant.
The MACD indicator indicates a reversal pattern towards the uptrend pattern.
Let's save ADVENTA in WL and watch out for significant price movement...
OBV chart indicates a divergence signal where candlestick confirmed the uptrend pattern with volume above MA20.
There is a high probability of high demand in the Health Technology sector. Therefore, et put ADVENTA in WL and watch out for significant price movement with volume.
R 1.150
S 0.960
ADVENTA continues with strong uptrend momentum where volume indicates buying interest in ADVENTA strength.
MACD and OBV charts confirmed the uptrend pattern. No sign of weak momentum.
To place a bid, use VWAP as a guideline and place your bid below the VWAP line.
Put ADVENTA in your WL and watch out for significant price movement or when MA20 crosses up MA50...
A price breakout when the candle has a full-body closed above MA20 with volume above MA20.
MACD and OBV charts indicate divergence signals
Watch out for a false breakout when the price returns to the previous trading range and fixes there. If the candle is full-bodied and closes below the MA20, wait for yet another candle. This second confirmation candle...
ADVENTA
Rst: 2.26
Spp: 1.65
Resting at good supporting region now MA200 + MA50, downside potentially limited at current stage and you may expect technical rebound play from current zone. Retesting its descending trendline near 2.26 is possible.
ADVENTA
Rst: 2.36
Spp: MA200
Will see sentimental push back to descending trendline area, same thing, bearish stock the technical rebound will only be shortlived (last for few days).
TEMA : HEALTCARE
case makin meninggkat, price mungkin cuba akan naik lagi. just ride selagi ada volume.
R1: 2.570
R2: 2.650
R3: 2.810
R4: 3.00
S1 : 2.490
S2 : 2410
S3: 2.330
S4: 2.250
ADVENTA
Theme: Healthcare
Rst: 3.00
Spp: 2.36
Bullish breakout, but may be too good to be true in the view buying volume has climax, and green candle emerged today is relatively steep, shall observe weak candle tomorrow.
Currently price seem like under compression phase (candle become smaller) . Can look for buying opportunities if price reject at support area either reversal candle , double bottom pattern or compression . To be save can wait price breakout the TL and retest back then entry. SL if break support area and TP at nearest resistant to be safe.
MYX:ADVENTA
SWING: 2 DAYS TO 2 WEEKS
Breakout Downtrend Line
52 Weeks High Line
Fibbonaci Retracement
Candlestick Support & Resistant Zone
Trendline Support & Resistant
![ADVENTA: ADVENTA [20 October 2020] Buy On Dip in Support Zone](https://s3.tradingview.com/l/LXBmNN6t_mid.png "ADVENTA [20 October 2020] Buy On Dip in Support Zone")
