Datamatics looks bullish in medium term.

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in weekly chart, price bounced from horizontal support, trend line support. Also hidden bullish divergence found here.

At cmp - 111.85, tgt - 160.
Dagangan aktif
today its up by 7.3%
Dagangan aktif
till now 124.9
Dagangan aktif
in daily, price approaching uptrend channel support. syot kilat
Dagangan ditutup secara manual
channel support broken, and price is in short term downtrend.

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Nota
price came again to the support zone. syot kilat
Dagangan aktif
price bounced from support zone, closed at 105.80 syot kilat
Nota
price is showing strength after a long consolidation, now up trend is clear, and it is gaining momentum, In weekly, descending trend line broken here, few weeks back, recently big green candle formed and price closed above upper BB and upper BB is moving up.

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Lesson learned : patience and conviction on own analysis is really important for wealth creation in stock market.
Nota
double bottom breakout with good volume
now retesting the breakout level pattern tgt is at 150

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Nota
cmp - 146.45 double bottom tgt almost done here,
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Nota
at cmp - 136.60, it has formed hidden bullish divergence in daily, also price took support at ascending lower BB, bounce back is likely

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