galerisaham

EIDO on downside risk

Short
AMEX:EIDO   iShares MSCI Indonesia ETF
Based on price below MA200 and all of its respective moving average, we see that EIDO is on the downside risk. Price are on trend line support. If it fall below 24.35, we see a future downside to 22.14 with minor target of 23.25.

Anyone who trade Indonesia stocks should aware with this.

#GaleriSaham | Global Market

We Build Profitable Traders | Visit: galerisaham.com/pro
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.