I have my positions
February 5, 2024
Reasons:
1. Low-risk entry point
2. Confirmed stage 2 uptrend
3. Has gone through a majority line of supply
4. A very clear supply coming right across the red line where all the action happen as far as where it's been denied
5. High relative strength
6. Volume dries up as less supply coming to the market
7. A huge volume on...
AKRA watch under 1715 or above 1825
Buy area 1715 ~ 1690..
H4 closed under 1690 OR D1 closed under Blue TL = CL BEP. then wait for price closed above 1700
Hot news NVIDIA is so hot
Target buy price: for avg cap price below 10000
Long term TP target: 15000~16000
or hold wait and see
Escape plan: bellow 8000 can be used for CL at 9000
lets see if fundamental & technical will be synchronized
mean time the news usually be up and down.
Enjoy the rollercoaster ride, Fomo do your Money Management
Extra tips:...
Already running today
buy area 3440 ~ 3350
D1 closed under 3350 = BEP or at 3400
3620 Resist + TL (need to break up this to make HH lower TF)
3750 Resist Sw
Follow the trend, positive news
Buy 9800 ; 9750
If price D1 closed bellow 9600 = Cutloss 9775 and wait for confirmation for price to get above 9775
Tmax at extend fib 10650
Risk: high Tf pattern and RBS 9350~9200
TikTok, owned by ByteDance Ltd., has entered into a significant agreement to invest $1.5 billion in a joint venture with Indonesia's GoTo Group. As part of this deal, TikTok will acquire 75.01% of GoTo's PT Tokopedia for $840 million. This strategic move involves integrating TikTok Shop's Indonesia business into the expanded entity, marking TikTok's return to the...
Price bounces on the ascending trendline . Most likely the chart will form a double bottom pattern . We will also find the possibility of forming a morning star chart pattern in a monthly time frame.
The price bounced at level 210. in the weekly time frame we get a bull candle. price is testing dynamic resistance (MA) to further test neckline resistance area.
Hi Realistic Traders, let's delve into the technical analysis of IDX:MEDC !
The current market trend for the stock unmistakably showcases a bullish continuation pattern, marked by consistent upward movement above the EMA200 Line, signaling enduring momentum. At the same time, MEDC has formed a descending broadening wedge pattern twice. In December 2023, this...
I think SSIA is about to break out of its triangle B wave. Let's see if it holds above the 200 week MA. The 20-week MA and 200-week MA is about to cross also.
At least we are going to 600. Hold tight
Yesterday's rally was pretty strong. Today's rally invalidated the 4th wave rule. I conclude that this is a textbook flat move.
Pretty damn interesting considering that the fundamentals supports the target price. We enter at the (ii) wave.
Good luck.
JPFA is looking interesting right now. Last week's volume gives me the hint.
Other complementary sentiments are the low corn price and Eid Mubarak most probably will boost JPFA's earnings this first quarter.
Stay tuned
After rebound in area 0.618 - 0.5 Fibonacci, BBRI could break all time high. If can break area 5700 and maintain above those level. It can go till 6300 where fibbo extension level is there
