IDX:WOOD is showing a clear sign of trend reversal.
Technical :
After making consistent higher low and higher high, IDX:WOOD is reaching a new high and hit EMA 90 (Sell Area 1) .
The price would retrace for a while and then hopefully it would bounce back higher to sell area 2.
Fundamental :
Sell Area 2 is similar with the stock's intrinsic value (around 640).
Good Luck!
Technical :
After making consistent higher low and higher high, IDX:WOOD is reaching a new high and hit EMA 90 (Sell Area 1) .
The price would retrace for a while and then hopefully it would bounce back higher to sell area 2.
Fundamental :
Sell Area 2 is similar with the stock's intrinsic value (around 640).
Good Luck!
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