pharma sector should recover now.
Diupdate
cnx pharma touched the downtrend channel support and reversed. It is giving bounce back, but overall trend is down.
Catatan
Another version of channel, Catatan
regular bullish divergence seen in daily. Trade aktif
closed at 8902.05Trade aktif
moving up as expected 9071.70Trade aktif
till now 9140.Trade aktif
till now 9270.Catatan
In daily, price closed above upper bb on Thursday, and bb is expanding, sign of bullishness. Trade aktif
Here is the weekly followup chart Trade aktif
bounced from trendline support, it should now move towards the channel resistance. Trade aktif
price moving up smartly, after bouncing from trend line support. till now 9477.75. Trading ditutup: target tercapai
price finally reached the channel resistance, cheers, Catatan
cmp - 8966.30, price cam down from the channel resistance took horizontal support at previous low, then started moving up, looks like long term reversal is in progress.
Catatan
cmp - 8445.70, in weekly, horizontal support turned to resistance , also price unable to break 20 SMA. looks bearish
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