Sahamrekomendasi
[IDX] MNCN - stock you want to watch closely in the coming weeksI found it pretty interesting, here are the points:
1. support line really holding the price up until now, it bounces back price every time price came near of it.
2. my wave count tells me that the correction from 3600 high is near the ending.
3. 0.786 fibo level act as support too, that pulled and pushed the price like a magnet, i believe there was range of accumulation around 0.786- 0.868 fibo, as you can see from the volume spikes.
4. resistance line combined with support line makes a compressed cone-like structure.
BBYB BULLISH?As you can see, BBYB reversal from strong support around 1730 also around Fibonacci 0.618.
After break out trendline and resistance,now BBYB retest support, EMA 20, ema 50 on TF 1 Day.
Show candle bullish.
The next target around 2800.
Stop loss around 2100.
note: only take position after confirmation and do your own research before trading.
