CARTRADE
- In our earlier post (dated 5-Jul-23), we highlighted initial signs of Trend Change in the stock with the Weekly RSI moving past its peak around 50, with price confirming the false breakdown with huge volume spike.
- Currently, prices have confirmed an Inverse Head & Shoulders pattern.
- Prices are likely to head to its next resistance zone between 695-725.
- Bullish outlook remains valid as long as prices stay above 470 (right shoulder low)
Trading ditutup: target tercapai
Price is now testing its key resistance area between 695-725!
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