DOID
IDX: DOID - May-2021IDX:DOID
DOID has been one of the favorite second-liner stocks in the IDX.
In the past, the 260-264 (yellow circle) area has been the target for this stock.
DOID reached the highest price of 466 on 08 December 2020. Since then, 328-332 is the important Support-Resist area (high area) for DOID.
DOID formed a Double Bottom pattern between 29 January to 09 March 2021, and the target has been achieved on 12 March 2021.
Price continuously building an uptrend momentum with the highest price at 460 (Extension 3.618 from the last small swing low) and forming a Head and Shoulder pattern with the red ray as the neckline.
The Neckline has been tested with Three Candles (19-21 April) and is currently forming sideways between 342-376.
The head and shoulder pattern target will be at 284 (last low of Double Bottom Pattern).
Disclaimer is always on.
Trade at your own risks.
DOID will rally soon. be ready :)DOID akan rally menyelesaikan Falling Wedgenya.
Kita dapat melihat DOID sudah 3 hari mengalami kenaikan berturut-turut, apabila kita gabung 3 candle ini menjadi 1 maka candle ini boleh dikatakan jadi candle marubozu.
Candle yang menandakan strong bullish.
Buy Area: 244 - 260 (MAX)
Tidak disarankan untuk beli di atas 260 !
DOID is surging up today, what is the upside potential?DOID is surging up today with significant volume. It seems it will try to go to 21X, but it will be quite challenging, though. Its biggest enemy is its current major bearish trend. It will be an exciting journey.
Disclaimer: This is a study for educational purpose and not a recommendation. I have no responsibility for any decision made. IDX:DOID