rifqonr

BMRI - CUP WITH HANDLE

Long
rifqonr Updated   
IDX:BMRI   BANK MANDIRI (PERSERO) TBK
A classic Cup-with-handle with VCP characteristic on its handle, very exciting. I got my starting position today, and I am watching this stock closely now. I like to see a breakout with institutional sponsorship/huge volume soon.

The market is currently quite volatile, I'm using a mathematical stop to protect my equity. As my last couple of trades doesn't work so well, I'm trading my smallest with the lowest possible risk possible now.
Trade closed: stop reached:
Stopped out at 3,4% loss.
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