KRAKATAU STEEL (PERSERO) TBK PT
Long
Updated

KRAS Trading Insight till January 2022

75
KRAS, Weekly Chart potential hidden bullish divergence with RSI, this indicates for continuing the bull trend. This chart is interesting to trade because it's still in demand area (sideways in green zone), weekly chart indicating hidden bullish divergence, and most likely reversal will happen as chart doesn't make lower low and maintained by short term trendline. Buy Area, 505-530 (use money management strategy), stop loss under 470. If stop loss hit, price will go to next demand area 400=430, so it better to use risk management wisely. With the potential bullish setting, price will testing fresh supply area (red area). Use red area as a sell area. *Disclaimer On
Trade closed: stop reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.