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PMMP

PMMP: Breakout With Volume Spike,Sign of Optimism in the Market?Hello Fellow Stock Global Trader/Investor! Price Action Analysis PMMP has broken out of the bearish channeling pattern. The breakout accompanies by the Volume Spike and Bullish Marubozu Candlestick. The MACD Indicator made a death cross, signifying a possible upside movement to the target area. Fundamental Drives 1. Indonesia Ended the Covid Restrictive Policy on December 2022 2. Indonesia's economy advanced by 5.72% YoY in Q3 of 2022, indicating a recovery from the pre-pandemic era. 3. PMMP Target a 25% Revenue Growth By the End of 2023. All other explanations are presented on the chart. The roadmap will be invalid after reaching the target/support area. "Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the PMMP"
IDX:PMMPLong
by financialfreedomgoals101
3
PMMP: INDICATION OF RECOVERY ON CONSUMER GOODS STOCK?Hello Enthusiast Stock Traders! Here's Long-term outlook for PMMP , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :) PMMP is breaking out of the Wide Range Falling Wedge Pattern. Breakout of Falling wedge pattern could indicates the possibility of bullish movement. The momentum indicator already crossed above the zero area, it signify the potential bullish bias ahead. 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.
IDX:PMMPLong
by financialfreedomgoals101
2