Currently the IDX is sill in the wave 4 which gives opportunity for traders and investors to collect their favourite stocks.
Of course we should anticipate if this plan fails, therefore I would like to suggest to purchase the stocks by applying strict money management rules.
ADRO will enter its wave 3 as soon as it breakouts from the box.
The target price once it's moving towards the wave 3 would be 2225 based on fibonacci ratio of 1.618.
It gives an overview in regard to Indonesia Composite Stock Exchange for September 2020.
We learned traders once had experienced a market downturn in the beginning of September, the day after Jakarta governor announced that the capital city would practice large-scale social restriction due to the increasing number of positive cases of covid-19. Market especially...
