We can see BBRI in the monthly timeframe showing bullish from the 2000s. This moment can be used by investors for long-term investment. Here I see that the stock is forming an inverted head and shoulder pattern where this pattern will bring the price up, until it is equal to the shoulder. The price target to be achieved is around the price of 6100.
#Disclaimer:...
BBRI after strong bullish pressure make a rest a little bit which is called secondary trend. This secondary trend makes flag pattern that will bring price continuation to the upside. Also, we can see with 3 EMA (8, 21, 34) which is fibonacci number that i used to determine trend of the market shows bullish to the upside. Please make sure your analysis.
#RiskDisclaimer.
