IDX - Channel Breakout on good Fundamentals
This stock is showing great signs of breaking out of it upwards trending range. The ADX is holding a strong bullish trend with the reading of 40. All the moving averages are aligned and the SAR indicator confirming a buy signal. The OBV stayed well above its moving average as pull backs waves are becoming smaller, on low volume, as price moved higher. The stock is also backed by good fundamental data for the past three year running.
Time is the only true currency...how will you spend yours and what value will you receive?
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