MAYORA INDAH

MYOR uptrend channel is in critical State?

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MYOR (Mayora Indah Tbk) one of the best fundamental data in Indonesia consumers goods sector, now is testing its uptrend channel support as well as EMA150 as trendline moving support at price 2500, i think if you consider to invest for long term, this could be an opportunity to BUY, but if you are a trader you should consider more since the volume of the distribution is quite big, and you could buy later at price 2300, if the uptrend channel is break MYOR price would move sideways around 2300 to 2500. *disclaimer on : there are no buy or sell signal in this Idea

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