MSKYIDX:MSKY Very intresting because
- Position subwave c internal wave 2 (otw wave 3 if break pattern triangle on 316)
- Hidden bull divergence
- Spike volume yang terindikasi sedang melakukan akumulasi
- Risk Reward = Ok
==== Trade Plan ====
Buy area 286 - 302
Shortterm Target 334 336
Longterm Target 382 408 440
StopLoss under 284
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MSKY trade ideas
MSKY, POTENTIAL STRONG IMPULSIVE BULL MOVEMENT for couple days!MSKY, succeed break downtrend channel confirmed with high volume! I expect this is the end of the downtrend too for overall chart because there are Bullish Divergence that indicate the end of downtrend movement. There are several strategy to win this trade. First, in 29 Dec stock will go down (auto rejection below) you can buy with stop loss in 348. Second, this stock will have price volatility ups and down (but not impulsive up 600.
Please note that this analysis for EDUCATIONAL PURPOSE (applying theories to real market), NOT RECOMMENDATION FOR BUY & SELL as a PROFESSIONAL TECHNICAL ANALYST.