BaldAndBold1385

ARTO: A Broken Downtrend!!!

Long
BaldAndBold1385 Updated   
IDX:ARTO   BANK JAGO TBK
Finally, the minor downtrend ARTO has been broken.
By using Fibonacci Retracements, I set the target price cluster ranged from 3080 to 3470, then I picked 3280 as a base level to calculate its upside. It can give us 28% upside from current price 2540, that's premium!!

Let's think positive, and buy & hold!
Trade active:
Hopefully 3280 level would be delivered by Sep'23 at the latest.
Trade closed: target reached:
3280 has been delivered by Jun 12th, 2023.
You're welcome.

-AJ-

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.