What do you think of this chart

[momothebored]

Not the best chart.
Multi Indocitra Tbk PT (MICE.JK) Chart| Reuters.com




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Do you think continuation is likely based on the candle?

 

[Lightning McQueen]

is it another toppy peak breaking down??

if you zoom that stock out to 3 years you get a good view of what could happen next.

 

[scose-no-doubt]

why's it rallied?

 

[Lightning McQueen]

why's it rallied?

because it's been pumped? it's a penny stock right? well to us 5p is a penny stock, maybe not in indonesia?

 

[scose-no-doubt]

hahaha i looked a 760 and assumed penceses lol. Didn't even look at exchange lol.

Losing it... what little i had anyway.Oh well time to crack out that Chianti on my lonesome.

 

[magyc1908]

the chart don't confirm any signal. i think you should waiting.

 

[Purple Brain]

The bona fides look sound and it's in a growth sector in a vibrant and high growth economic region. If I were still into investing rather than losing money day-trading, I'd be Buy/Hold.