IHSG will have an ABC Correction after the 5 impulsive movement done (eliot wave theory). So hold up and keep money FRESH and Buy the stocks (bluechip) when the IHSG doing the ABC correction. Maybe Arround 6700 we can SLOWLY buy our value stocks. For me the Banking Sector is the best choice like BBRI BBCA BBNI BMRI.
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IHSG already down to price 6530 and rebounded around 6800, so far the roadmap that i give is still on the track, hopefully the price will still going down so we can collect more stocks on bottom fishing. And when IHSG break the strong support (6500) very likely the price will continue going to 6000-6100( the next support). Just keep your Money Management and Watch the supports or the resistance on your stockpicks, find any pattern either reversal/continue pattern on chart, and buy slowly on the strong support is the trick.Hope we all can make money.
@herkuljee, yeah for me, because banking sector has a large portion (market capital) in IHSG, so when the IHSG get rebound / crash the banking sector will have an impacted first. And because of that, again for me, banking is the best choice.
herkuljee
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@Aris_Sunandar93, Noted. I want to buy banking too, that's why asked. Different reasons though.
Aris_Sunandar93
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@herkuljee, yeah, whatever the reason the price action always discount everythings. Banking sector always give me a good return haha. For examples BBRI is the good ones (you can see my previous idea about BBRI). Anyways good luck and happy profit bro.