NESTLE trade ideas
NESTLE - Fell From Short Term SupportLaburlah Technical Coverage (30-APR, Monday):
NESTLE
Technical Analysis Breakdown
1. Trend: Bearish
2. RSI & MACD: Bearish
3. Parabolic SAR: Bearish
4. Remarks: Broke down from MA50
5. Supporting zone: 121.36 - 128.01
Disclaimer: The abovementioned is purely for sharing purpose, you should seek advice from relevant personnel and do your own analysis before making your move.
NESTLE - End of Story? Or Just Lunch Break?Laburlah's Daily Complimentary (15-MAR, Thursday):
NESTLE
Technical Analysis Breakdown
1. Candlestick formation: Bearish engulfing
2. RSI: Bearish
3. Stochastic: Bearish crossover
4. Resistance: 121.55 - 127.88
5. Risk: Growing selling pressure
Disclaimer: The abovementioned is purely for sharing purpose, you should seek advice from relevant personnel and do your own analysis before making your move.