EMTK: A Big Chance to Break Its DowntrendIDX:EMTK have a chance to break its minor downtrend if close above 710.
Let's find a decent target price above level 710, by using Fibonacci Retracements I found the target price cluster, ranged from 805 to 855, and I choose 830 as a base level to calculate % upside, it shows 34% as the potential upside from current price 620.
Don't think too much, a buy alarm soon will ring loudly!
-AJ-
EMTK
#kafein #EMTK 1790 Has the price bottom been formed?#kafein #EMTK 1790 Has the price bottom been formed?
#EMTK is currently supported by Gannfan's line at the beginning of its upward movement, if the lower price has formed, now the focus is on the gap that formed at the upper price.
So far, there are 4 gaps formed:
GAP1: 2000 - 2080 is already closed
GAP2: 2080 - 2330 open
GAP3: 2230 - 2390 open
GAP4: 2690 - 2990 open
IDXTECHNO : Technology Stocks About To Rally Again ?IDXTECHNO broke its down trend line, has a MACD bull divergence, and is forming Inverted Head and Shoulders Pattern. I think it is the time for technology stocks to rally again ($EMTK, $DCII, $MLPT, $MTDL). $EMTK and $MTDL is the leading stock, as it has gained >10% last week. I feel now that it is $MLPT's turn to rally.