Moving Average trend indicators are running into a death cross in
ADRO
, giving a sign for mid-term downtrend to sustain. My swing low targets are placed at level 1705 to 1730, leaving a sharp drop around 26 to 27% downside.
I hope my chart perspective would be wrong, but if.. it happened, you guys had been warned from the start.
ADRO
, giving a sign for mid-term downtrend to sustain. My swing low targets are placed at level 1705 to 1730, leaving a sharp drop around 26 to 27% downside. I hope my chart perspective would be wrong, but if.. it happened, you guys had been warned from the start.