ARTO trade ideas
ARTO: A Broken Downtrend!!!Finally, the minor downtrend IDX:ARTO has been broken.
By using Fibonacci Retracements, I set the target price cluster ranged from 3080 to 3470, then I picked 3280 as a base level to calculate its upside. It can give us 28% upside from current price 2540, that's premium!!
Let's think positive, and buy & hold!
Outlook ARTO Retest Neckline Arto keeps get inflow from foreign keep its path to bullish, chasing to 22.000 price target from inverted head and shoulder. its common that movement after break neckline resist of inverted head and shoukder, retesting its support at neckline.
14 jan 2022 already prove arto made its swing low at neckline and chasing nearest resistant at 19.000 then 19,600 (fibo 1,272), and hopefully can reach target ihns at the end
ARTOARTO terdapat pola inverted head n Shoulders, dan price sudah breakout resist nya disertai volume. so far Arto ini masih di fase accumulasi. forcast kedepannya arto akan terkoreksi membentuk struktur higher low di neckline nya area cluster (16.950) atau di area downtrend line nya (15.750). Major trend ARTO masih dalam fase uptrend dan primary trend sedang difase sideway. tetap menggunakan Money management ketika entry di saham ini. serta atur risk reward sesuai batas toleransi pribadi.
Disc ON!
ARTO: IS IT THE DIGITAL BANKING POTENTIAL UPSIDE MOVEMENT?Hello Traders, here's your free outlook for ARTO! Don't forget to smash the LIKES, COMMENT, and FOLLOW button to support the channel :D
ARTO is creating the bullish flag pattern. Breakout of Bullish flag is indicating the possibility of upward movement to the target or resistance area. The momentum indicator is crossing up above the zero level. Therefore, there is potential upside movement to the target area.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the stock.
