INDF: Consumer Good Sector is Reviving, a Bullish Outlook ahead?Hello Stock Market Enthusiast! Here's the Long-term outlook for INDF, Support the Channel by smashing the FOLLOW and LIKES Button, then Share your opinion in the Comment Section below :)
INDF is broken out of the descending broadening wedge pattern. The golden cross signifies a potential bullish movement ahead on INDF, potentially to the target area.
The explanation is already presented in the chart.
The roadmap will be invalid after reaching the support/target level.
Disclaimer: The outlook is only used for Educational Purposes, The Creator doesn't responsible for any of your trade position or other financial decisions*
INDF
ICBP: WILL INDOMIE LEAD THE BULLISH OF CONSUMER SECTOR?Hello Stock Market Enthusiast! Here's Long-term outlook for ICBP , Support the Channel by smashing the FOLLOW and LIKES Button, then Share your opinion on the Comment Section below :)
*ICBP created a Descending Broadening Wedge pattern on Daily Timeframe
*ICBP has broken out of the Descending Broadening Wedge which indicates a potential bullish movement ahead
*MACD indicator already crossed up above the zero level area, that signify the stronger bullish momentum may remains in the future.
The roadmap will be invalid after exceeding the support/target level
*DISCLAIMER:
This isn't a recommendation to buy or sell stock, only an Outlook from technical perspective.
PMMP: INDICATION OF RECOVERY ON CONSUMER GOODS STOCK?Hello Enthusiast Stock Traders! Here's Long-term outlook for PMMP , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)
PMMP is breaking out of the Wide Range Falling Wedge Pattern. Breakout of Falling wedge pattern could indicates the possibility of bullish movement. The momentum indicator already crossed above the zero area, it signify the potential bullish bias ahead.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the Stock.
Bullish Bias on INDFI got an idea of this market since we could see a long accumulation based on falling wedge pattern and others confluence that we have. 6700 would be a sweet spot target based on several reason from the chart. Buy on weakness should be your consideration and 5600 would be an invalidation value