tired of "Indonesia Common Big Bank" ? try this BNGA

40
After I rebalance my portofolio and invest strategy, I turn to try "Dividen Investing" from Indonesia Stock haha
So basicly, I post this just for timing when to entry, and now is good time to entry BNGA

Fundamental Analysis:
  • Net Income consistent to growth year after year
  • "Sexy" Dividen Yield for Banking Sector
  • Dividen Payout Ratio (DPR) 50% on average each year. I think it's good because it sign if BNGA still have room to growth


Technical Analysis: (to know is a time to entry or not yet)
  • Success to break 1,785 (resistance level and this 0.5 Fib Retracement)
  • Huge Volume after touch the EMA 50 (Bulish Engulfing Candle appear)
  • Good time to have beautifull Risk&Reward set up (if you want short term)


I just entry this and hold for long time.
But, if you want short time, maybe you can try this set up

Entry : 1,785 - 1,800
TP : 2,010snapshot
SL : 1,720
Risk&Reward Ratio : 1:3.46


DYOR
This post just share my ideas, not financial advice

Thankyou for reading, and maybe good thing always come for all of us!

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