At this point I expect ADARO to go up. here are some reasons
1. Elliot wave analysis on Adaro shows that it is currently correcting (Zigzag) and will form the last impulsive wave (wave 5)
2. Adaro is in a tight supply and demand area at Fibbonacci 38.2%-61, 8% .
3. The resistance line at 1900 has been broken (round numbers crossed are usually a good sign).
4. if you look at the H1 chart, a symmetrical triangle is formed which is rebounding.
If I buy this stock then I will buy it now with SL 1 at 1245 and SL 2 at 1005 with TP at exactly 3000. However, it is better to consider the fundamentals of the company.
1. Elliot wave analysis on Adaro shows that it is currently correcting (Zigzag) and will form the last impulsive wave (wave 5)
2. Adaro is in a tight supply and demand area at Fibbonacci 38.2%-61, 8% .
3. The resistance line at 1900 has been broken (round numbers crossed are usually a good sign).
4. if you look at the H1 chart, a symmetrical triangle is formed which is rebounding.
If I buy this stock then I will buy it now with SL 1 at 1245 and SL 2 at 1005 with TP at exactly 3000. However, it is better to consider the fundamentals of the company.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
