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BaldAndBold1385

ADRO: A Death Cross Curse?

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ADARO ENERGY INDONESIA TBK (IDX:ADRO)  
BaldAndBold1385  
IDX:ADRO   ADARO ENERGY INDONESIA TBK
Wave Analysis Chart Patterns Trend Analysis Technical Analysis chartanalysis wavetheory indicators Fibonacci Retracement fibonaccianalysis
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waveanalysis chartpattern trendanalysis technicalanalysis chartanalysis wavetheory indicators fibonacciretracement fibonaccianalysis
Moving Average trend indicators are running into a death cross in ADRO , giving a sign for mid-term downtrend to sustain. My swing low targets are placed at level 1705 to 1730, leaving a sharp drop around 26 to 27% downside.

I hope my chart perspective would be wrong, but if.. it happened, you guys had been warned from the start.
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