UNVR trade ideas
UNVR forms a wyckoff diagonal accumulation scheme ??UNVR is a consumer goods stock listed on the Indonesia Stock Exchange. UNVR forms a wyckoff diagonal accumulation scheme ?? currently the diagonal scheme is still unstable and may form horizontal. while waiting for that certainty, the price will try to touch the level of Rp. 5,000 before falling again.
IDX: UNVR FOR MAY 2022weak support at 3850
weak resistance at 4150
I Prefer yellow trading plan
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.
$UNVRPrice was super bearish, but that didn't mean we can't long. Possible relief after taking monthly liquidity into monthly gap. Price then broke daily structure to the upside while leaving a gap, confirming a bullish structure in daily timeframe. Possible entry on the gap, with stoploss below the local swing low. Target is monthy orderblock (wick and body of candle).
UNVR broke the trend lineAfter broke thre trend line with high volume, the price got exhausted and need more demand to continue the new trend after reversal. So thre price will retrace. There are two areas of demand. For this case, I will pay attention to the price action instead of putting limit order.
If the price show reversal pattern (can be pin bar or engulfing candlestick) in the first demand zone (rectangle), I will buy. If the price still continue the pullback, I will set the limit order in the second demand zone (the lower rectangle).
IDX:UNVR 2nd APRIL 2022PT. Unilever Indonesia Tbk (UNVR) is engaged in the manufacturing, marketing and distribution of consumer goods including soaps, detergents, margarine, dairy based foods, ice cream, cosmetic products, tea based beverages and fruit juice.
Even though IDX:UNVR is still in a downtrend, this April IDX:UNVR looks like there is a bullish potential. There are 3 things that are bullish reasons:
1. The price is in the support area
2. Crossover stochastic 5 3 3
3. Daily Resistance Breakout
If we look at the history when these three things are valid, the price will be bullish to the resistance level.
IDX: UNVR UNTIL NEXT MONTHweak support at 3000
strong resistance at 3550
I Prefer yellow trading plan
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts
IDX: UNVR FOR NEXT WEEK 14-18 FEB 2022weak support at 3850
weak resistance at 4150
I Prefer red trading plan
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.
IDX: UNVR FOR NEXT WEEK 10-14 JAN 2022weak resistance at 4400
weak support at 4150
it's neutral but i prefer green trading plan
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.