The Wall Street
Thursday, 20 October 2022
15:50 PM (WIB)
The bulls seem to defend the Support lines from the bearish market movement and until now, bears look does not have strong support in the major trend for moving down the price to the MA50 and MA100 as these are playing roles as important keys for moving up the price.
However, I will wait until the price has a clear directional move to enter the market.
My point of view is still in a bullish outlook with the target to hit around 32.000 points.
The bullish engulfing tower still could come around again in a strategic momentum.
15:50 PM (WIB)
The bulls seem to defend the Support lines from the bearish market movement and until now, bears look does not have strong support in the major trend for moving down the price to the MA50 and MA100 as these are playing roles as important keys for moving up the price.
However, I will wait until the price has a clear directional move to enter the market.
My point of view is still in a bullish outlook with the target to hit around 32.000 points.
The bullish engulfing tower still could come around again in a strategic momentum.
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