IDX:WOOD is showing a clear sign of trend reversal.
Technical : After making consistent higher low and higher high, IDX:WOOD is reaching a new high and hit EMA 90 (Sell Area 1) . The price would retrace for a while and then hopefully it would bounce back higher to sell area 2.
Fundamental : Sell Area 2 is similar with the stock's intrinsic value (around 640).
Dear Sidharta, please check if you can add maximum intrinsic value also in your intrinsic value script. This will also help in taking a sell decision.
hanssidharta
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@leoharshad, Hi Leo, thanks for the feedback. Technically, for value investing, you would be looking for a buy if : - price is below the green line or Margin of Safety, this condition is called under value - the green line is constantly moving up higher, this means the company performance is getting better And also, looking for a sell if : - price is above the blue line or Intrinsic Value, which is called over value - the blue line is moving down lower, this means the company performance is getting worse
Some stocks however, can be consistently undervalued or overvalued for a long period of time.