PT.Waskita Karya (PERSERO),Tbk The Neckline Breached
Hello Guys,
today i will show you the next stage of WIKA will goes. as described on the chart,the recent rally didn't make it to the swing high before which is on the Rp. 2.200 area. so we will go to bearish movement again. that was a head & shoulders pattern formed on the candlesticks and Rsi, the bearish EMA is also crossing.so i'm warn you to avoid entering this level. will watching until it's touching on the next support or holding on this resistance. basically,it's also a possible due to the MACD & the fundamentals of the company it will going upward & testing the previous resistance.
like tab button if you like it :)
follow me for more update.
today i will show you the next stage of WIKA will goes. as described on the chart,the recent rally didn't make it to the swing high before which is on the Rp. 2.200 area. so we will go to bearish movement again. that was a head & shoulders pattern formed on the candlesticks and Rsi, the bearish EMA is also crossing.so i'm warn you to avoid entering this level. will watching until it's touching on the next support or holding on this resistance. basically,it's also a possible due to the MACD & the fundamentals of the company it will going upward & testing the previous resistance.
like tab button if you like it :)
follow me for more update.