IDXNONCYC: Is It Time for "Consumer Defensive Stock" to Shine?
Cập nhật
Hello Fellow Global Stock Trader/Investor!
IDX Sector Consumer Non-Cyclical is an index that tracks the price movement of Indonesia Consumer Defensive Stocks. People call it "Consumer Defensive Stocks" because the customers will continue to consume the company's products even during an economic downturn.
Why do we forecast the IDXNONCYC?
By Analyzing the Sectoral Indices Movement, We could use the data as a filter to look for a potential trading setup in a specific sector.
Technical Analysis
1. IDXNONCYC is moving above the EMA90 which indicates a bullish trend
2. Breaking out of the Falling Wedge pattern
3. MACD created a golden cross, it signified the possibility of continuing its bullish trend to the target area
The roadmap will be invalid after reaching the target/support area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the IDXNONCYC"
IDX Sector Consumer Non-Cyclical is an index that tracks the price movement of Indonesia Consumer Defensive Stocks. People call it "Consumer Defensive Stocks" because the customers will continue to consume the company's products even during an economic downturn.
Why do we forecast the IDXNONCYC?
By Analyzing the Sectoral Indices Movement, We could use the data as a filter to look for a potential trading setup in a specific sector.
Technical Analysis
1. IDXNONCYC is moving above the EMA90 which indicates a bullish trend
2. Breaking out of the Falling Wedge pattern
3. MACD created a golden cross, it signified the possibility of continuing its bullish trend to the target area
The roadmap will be invalid after reaching the target/support area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the IDXNONCYC"
Ghi chú
ICBP may continue its bullish trend :)Ghi chú
Target 1 of ICBP and IDXNONCYC Achieved!Đóng lệnh: đạt mục tiêu
ICBP & IDXNONCYC Reached The Second Target
See ya in the technical outlook!
Ghi chú
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.