On this chart, we can see a stock with bull trading behavior.
The next resistance appears to be at 11,025, so we can gain up to 15%.
We crossed the MMA200 positively, and the MM20 and MM50 are moving up, significantly apart keeping their distance.
However we are far away from the MM20 moving average, the last time we were this far we had a retraction to the...
My previous analysis told to enter IDR when it reached 6.81-7€ level. However, the shape of a Head & Shoulders pattern has been confirmed today in H4 graph and we might experience further losses on the stock price, up to 6.41€ (lower bound of the slightly bearish channel it is forming).
Indra is moving inside a lateral channel with a slight bearish trend. In the last days there have been good news about projects that are being signed (i.e. Defense, Ireland) but it looks like global pandemic situation is making investors undecisive whether to hold positions on the stock or withdraw. Lond term trend is clearly bullish. The company was planning to...
