MPPA potentially forms CnH patternIf MPPA can reach and break 360 with significant volume, it will be a good opportunity to ride the uptrend.
MPPA
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.
MLPT - Buy on RetracementMLPT broken it's down trend line with good volume and now retracing with low volume.. The area of price now is between the 50% and 62.8% fibonacci, a very good area to buy on retracement.
SL <3000
First TP : 4200-4300
Second TP : 5000
Third TP : Previous ATH
Bullish Bias on MPPAStrong market rally would come near future after it made despair as inverted HnS appear exactly at demand level. Buy on break should be your consideration or patiently wait till the market create a pullback. Bear in mind that 880 would be an invalidation value if the price goes down and close below it
idx: MPPA daily, buy: 1170
idx: MPPA daily, buy: 1170
volume pembelian: 5
resiko: Rp . 100K
R/R ratio: 1.0
sl: 980
tp: 1360
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POWER PLAY - MPPAWatchlist
MPPA is currently setting up a power play, I may put a starting position on its creative entry. In addition, one more day or two before it breaks out gonna make a a bit stronger.
