[%CnIT%] It seems very obvious to me that the chart is currently being manipulated, as indicated by ridiculously low volume and barely any movement (although 100 juta could easily push the stock up 10-20 rupiah every day). The chart is showing a Bollinger Band Squeeze, a sign that volatility is at its lowest in 6 months. This means that soon, the stock will either break out upwards or downwards. Seeing how the resistance at 298 was broken on purpose today, it looks like it's rather heading towards 270 and 250. General trend could still be seen as positive though IF WOOD can rebound soon.

$WOOD It seems very obvious to me that the chart is currently being manipulated, as indicated by ridiculously low volume and barely any movement (although 100 juta could easily push the stock up 10-20 rupiah every day). The chart is showing a Bollinger Band Squeeze, a sign that volatility is at its lowest in 6 months. This means that soon, the stock will either break out upwards or downwards. Seeing how the resistance at 298 was broken on purpose today, it looks like it's rather heading towards 270 and 250. General trend could still be seen as positive though IF WOOD can rebound soon.