$HYGN

Market Insight
HYGN is currently trading around IDR162, holding well above the key support cluster at IDR159–156, which aligns with the 0.382–0.236 Fibonacci retracement zone. Price action indicates that the recent pullback is still within a healthy consolidation phase of the broader uptrend.

Immediate resistance sits at IDR166, with a stronger cap at IDR170. A sustained breakout above these levels would likely pave the way toward IDR173, with scope to extend further to IDR180, provided volume expansion confirms the move. Momentum indicators such as MACD remain in positive territory, albeit flattening, suggesting consolidation rather than trend reversal.

Near-term (1–3M): Accumulate on dips in the IDR159–162 area. Bias remains constructive as long as the stock trades above IDR155.

Recommendation

Rating: Buy on Weakness

Entry Zone: IDR159–162

Target Price: IDR180

Stop Loss: IDR155