PMMP: Breakout With Volume Spike,Sign of Optimism in the Market?
Hello Fellow Stock Global Trader/Investor!
Price Action Analysis
PMMP has broken out of the bearish channeling pattern. The breakout accompanies by the Volume Spike and Bullish Marubozu Candlestick. The MACD Indicator made a death cross, signifying a possible upside movement to the target area.
Fundamental Drives
1. Indonesia Ended the Covid Restrictive Policy on December 2022
2. Indonesia's economy advanced by 5.72% YoY in Q3 of 2022, indicating a recovery from the pre-pandemic era.
3. PMMP Target a 25% Revenue Growth By the End of 2023.
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/support area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the PMMP"
Price Action Analysis
PMMP has broken out of the bearish channeling pattern. The breakout accompanies by the Volume Spike and Bullish Marubozu Candlestick. The MACD Indicator made a death cross, signifying a possible upside movement to the target area.
Fundamental Drives
1. Indonesia Ended the Covid Restrictive Policy on December 2022
2. Indonesia's economy advanced by 5.72% YoY in Q3 of 2022, indicating a recovery from the pre-pandemic era.
3. PMMP Target a 25% Revenue Growth By the End of 2023.
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/support area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the PMMP"
노트
Support the channeling by smashing the Rocket Button!
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.