TradingView
candlestickninja
Mar 18, 2022 5:06 PM

Very nice buy opportunity with multiple bullish indications Long

Indonesia Energy Corporation LimitedArca

Description

INDO is a nice buy right now from a TA standpoint. We broke the .618 Fibonacci Golden Mean level, which may very well be the most important S&R level. The .786 level is better known as "the line in the sand" which was unequivically obeyed. My projection is first $55, then $85/$86 after that before very major resistance.
More