IDX: MEDC FOR NEXT WEEKSTRONG SUPPORT AT 480
STRONG RESISTANCE AT 605
I PREFER YELLOW TRADING PLAN
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.
MEDC trade ideas
Medco in on UPTREND wait for Pullback to SupportMedco is currently on a healthy uptrend. Its supported by 20 EMA and sign that it is still on a direction to go upward.
If you want to entry, wait for price to move to support area and use price action to enter position. Hopefully so....
Caution : Always adapt to market structure change, if price approaching 20 MA, use your own thought process to decide what next to do.
Me personally will close the position , take some profit (25%) and wait and see on consolidation area that will formed (if happened).
Good luck, this is not investing advice, for educational purpose only.
MEDC, NB: DO MIND that These analyses I posted here are intended as my notes and not as investment recommendations or as financial advice! Please also note that you are always responsible for your own investments when trading on the stock exchange! The analyses are only based on my opinion and view. LETS CUANN!!!
$MEDCDisclaimer:
This information is for educational purposes and is not an investment recommendation nor to be representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.