Today, close price are above the weekly trendline and MACD looks divergence. and also stoch on the oversold area.
If tomorrow, the close price are even higher than today. BBTN have some uptrend potential as long as close price not below of the trendline .
From my point of view, there is some potential to be uptrend.
Target Price 1 : 1580
Target Price 2 :...
Nearest Price Target by Fib. Retracement ( Rp 512).
What do you guys think, it will be bounce back first to Resistence Trend line (Yellow Color) and bounce up again to breakout the target ( Rp 512) - ( option B)
or
it will be breakout immadately to another price target ( Rp 798) - (option A) ?
Comment your thought below.
Happy Trading =)
Recently, EXCL breakout minor trendline with high volume and also golden cross ema 5 & 20.
If we take look on MACD , also there is golden cross signal.
Are those pattern and signal good enough to make EXCL breakout the major trendline to be bullish trend?
Comment your thought below.
Last week, with the weekly chart view. I found something interesting with this Stock.
Eventually, the chart pattern was making a bullish penant but past few week price was closing below support trendline of bullish penant.
But,
if we take a look 3 last candle of weekly chart. It created a price action of morning doji star with high volume on the last candle...
