BBCA is going to make a downside movement, the target will be 1.618 Fibonacci ratio near the previous gap or 2.24, near the classic target of Head and Shoulder pattern (yellow horizontal line)
#fibomic
#BBCA
BBCA is now forming a Head and Shoulder pattern. Supporting the gap on 7625, the possible scenario is this stock will drop to that area before it makes a turnover. Investors are to expect around -12% (Calculated from today's -6th Feb 2023- price) and traders could be taking this chance to short the stock while it drops.
If you are looking to invest in this stock...
#DIsclaimerOn: Do your own risk
Biggest market cap on Indonesian Banking known as BBCA. This stocks very strong bullish movement on long term timeframe since 2000 until now. I will predict the next target of BBCA will going to IDR 10.000 ~ 11.000 based on fibonacci external and AB-CD movement.
Hello Enthusiast Indonesia Stock Investor/Trader. Here's free outlook for potential Index Movement. Please give us thumbs up, follow, and comment your opinion on the outlook to support the channel. Let's GROW TOGETHER to become matured trader :)
LQ45 is an Indonesia Stock Market Index which consists of 45 liquid traded stocks. LQ45 could be use as an indicator...
Technical Analysis is the forecasting of future financial price movements based on an examination of past price movements. Like weather forecasting, technical analysis does not result in absolute predictions about the future.
EIDO is an Indonesia Exchange Traded Fund ( ETF ) consisting of 43.13% Financial, 12.70% Communication, 11.46% Basic Material, 9.75% Consumer Defensive, and 7.04% Energy sectors as their top 5 holdings. Most of the holdings are big caps stocks, for example, BBCA, BBRI, ASII, ADRO, CPIN, KLBF, and UNVR. Thus, We may correlate/use EIDO for analyzing the potential...
Hello Stock Market Enthusiast! Here's the Long-term outlook for BSDE , Support the Channel by smashing the FOLLOW and LIKES Button, then Share your opinion in the Comment Section below :)
BSDE is broken out of the falling wedge pattern. The golden cross signifies a potential bullish movement ahead on BSDE, potentially to the target area.
The roadmap will be...
Hello Stock Market Enthusiast! Here's the Long-term outlook for INDF, Support the Channel by smashing the FOLLOW and LIKES Button, then Share your opinion in the Comment Section below :)
INDF is broken out of the descending broadening wedge pattern. The golden cross signifies a potential bullish movement ahead on INDF, potentially to the target area.
The...
Hello Stock Market Enthusiast! Here's Long-term outlook for BBNI, Support the Channel by smashing the FOLLOW and LIKES Button, then Share your opinion on the Comment Section below :)
*BBNI created a Falling wedge pattern on Daily Timeframe
*BBNI has broken out of the falling wedge which indicates a potential bullish movement ahead
*MACD indicator already crossed...
Hello Stock Market Enthusiast! Here's medium-term outlook for TLKM, Support the Channel by smashing the FOLLOW and LIKES Button, then Share your opinion on the Comment Section below :)
*TLKM created a symmetrical triangle on h4 Timeframe
*TLKM has broken out of the symmetrical triangle which indicates a potential bullish movement ahead
*MACD indicator starts...
