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Supply & Demand Ideas, PWON 1W

Short
IDX:PWON   PT PAKUWON JATI
This post has 2 language versions, English and Indonesian, so everyone and Indonesian people can understand it.

EN: On the weekly timeframe, upside momentum trendline break is happening which is indicate that bullish move is over and in transition into bearish move and creating a DBR Supply Zone located in 570-616 price range, this zone has high probability to turn the price of PWON share to fall even deeper because on the monthly timeframe the current trend is consolidation with more probability for price to continue falling.

ID: Pada timeframe mingguan, telah terjadi upside momentum trendline break yang menandakan tren menaik atau bullish sudah berakhir dan transisi menjadi tren turun atau bearish dan terdapat DBR Supply Zone yang berada pada rentang harga 570-616, zona ini memiliki probabilitas tinggi untuk menurunkan kembali harga saham PWON dikarenakan pada timeframe bulanan tren saat ini adalah konsolidasi cenderung turun.

*Opinions expressed here are not intended to be a forecast of future events, a guarantee of future results or investment advice, and are subject to change based on market and other conditions.
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