mmdandytra
Long

AKRA Is Bottoming Up At Rp4,000

IDX:AKRA   AKR CORPORINDO TBK
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1
After a Breakwdown below Rp5,400 in Apr'18, AKRA's Downtrend might continue until Rp4,000 (based on 161.8% Fibonacci's level).

After Bottoming Up (by forming Bullish Reversal pattern) at Rp4,000, AKRA is possible to go up to Rp4,500 - Rp5,000. Downtrend is ended and Uptrend is begun after a Breakout above Rp5,400.

My prediction is AKRA forming Bullish Reversal in 3Q18 and starting an Uptrend in 4Q18.
Trade closed: stop reached

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