PT. Unilever Indonesia Tbk (UNVR) is engaged in the manufacturing, marketing and distribution of consumer goods including soaps, detergents, margarine, dairy based foods, ice cream, cosmetic products, tea based beverages and fruit juice.
Even though IDX:UNVR is still in a downtrend, this April IDX:UNVR looks like there is a bullish potential. There are 3 things that are bullish reasons:
1. The price is in the support area
2. Crossover stochastic 5 3 3
3. Daily Resistance Breakout
If we look at the history when these three things are valid, the price will be bullish to the resistance level.
Even though IDX:UNVR is still in a downtrend, this April IDX:UNVR looks like there is a bullish potential. There are 3 things that are bullish reasons:
1. The price is in the support area
2. Crossover stochastic 5 3 3
3. Daily Resistance Breakout
If we look at the history when these three things are valid, the price will be bullish to the resistance level.
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