RALS : BUY - Buy on Support27-08-2023
When RALS shares start to enter the 560-550 range, it is a quite interesting entry range. Consider it an area entry. next another interesting entry range is 520-500. Usually after reaching the 500 level, RALS will reverse direction and strengthen towards the 700 level +23%
The Q2 performance was also quite good, if it continues then it could be the next booster for RALS to reach prices before being affected by covid (RALS > 1000 + 76%).
Entri 1 : 560-550
Entri 2 : 520-500
Short : 700-785
Long : > 1000
RALS trade ideas
RALS Breakout Rp1,500, Uptrend to Rp1,700RALS is most likely continuing Uptrend to Rp1,700 by Breaking out Resistance at Rp1,500 anytime soon this Jul'18.
Uptrend is proven by RALS maintaining position above Rp1,300 (RALS did Invalid Breakdown, which emphasize the Uptrend).
Still need to be carefull when RALS Breakdown below Rp1,300.