Hello Fellow Stock Traders, Here's a Technical Analysis of BMRI! After successfully overcoming a significant resistance area, BMRI (Bank Mandiri) experienced a subsequent pullback, thereby establishing a new support level. Analyzing the trend perspective, it is observed that BMRI's price movement surged above the EMA 34 Line, which is a promising indicator of a...
Hi Fellow Traders! The current trend indicates a bullish continuation pattern , characterized by the price making new highs and new lows. Following this, there is a significant breakout from the falling wedge pattern, accompanied by substantial trading volumes and the appearance of a bullish marubozu candlestick. Additionally, the Stochastic has also formed a...
LVMH has had one heck of a run from $39 in 2009 up to $996 in 2023. But since April 2023, it just has NOT been able to break that $1,000 psychological mark. And since the beginning of last year, we've seen it form a bearish Head and Shoulders pattern. Now I am not a total bear yet. We do need the price to break below the neckline before we get all excited...
Hello Fellow Stock Traders, Here's a Technical Analysis of SIDO! Industri Jamu & Farmasi Sido Muncul (SIDO) has demonstrated significant price development by breaking out of its bearish channel. This price action indicates the beginning of a bullish trend in the stock, accompanied by a bullish candlestick pattern and increased trading volume. Moreover, the...
Hello Fellow Global Stock Investor/Trader, Here's a Technical outlook on BBRI! Support the channel by giving us a thumbs up and sharing your opinions in the comment below! Technical Analysis BBRI is a breakout of the Pennant Pattern after retracing on the Fibonacci golden ratio area. The MACD Indicator made a golden cross below the zero level area, which...
Hello Fellow Global Stock Trader, Here's a Technical outlook for TLKM! Price Action Analysis On the Daily Timeframe, TLKM is moving above EMA200. Then, the stock created a breakout of the inverted head & shoulder, indicating a trend reversal. The MACD Indicator created a hidden bullish divergence, signifying a possible upside movement to the target area. All...
Price Action Analysis on NIKE, Inc On the Daily Timeframe, NKE is moving above EMA90. NKE is breaking out of the bullish flag pattern, indicating a possible bullish bias ahead. The Stochastic made a bullish divergence, signifying a possible upside movement to the target area. Fundamental Drives - China sales rebounded further due to ending its zero covid...
Avatar 2 has a much weaker-than-expected opening weekend and James Cameron implied that the movie will need to make around $2 bln to break even. NYSE:DIS is likely to suffer some short trend, nevertheless NYSE:DIS has always been one of the bluest in the blue chips and single movie fail won't sink a giant that easily. Risk Disclosure: Trading Foreign...
Hello Fellow Stock Global Trader/Investor! Here's Technical Outlook on CPIN Chart Perspective CPIN is moving in the bullish continuation. The breakout of the bearish trendline and bullish flag indicated a potential bullish bias ahead. Furthermore, the momentum indicator made a golden cross, indicating a possible upside movement to the target area. All other...
Hello Fellow Global Stock Investor/Trader, Here's a Technical outlook on Indah Kiat Pulp & Paper! Support the channel by giving us a thumbs up and sharing your opinions in the comment below! Technical Analysis The Previous Breakout of the Bearish Trendline is confirmed as the starting point of the bullish trend. After breaking out of the bearish trendline,...
Technical Analysis After moving in the sideways trend for a while, ADMR made a descending broadening wedge pattern. Furthermore, ADMR has broken out of the Falling Wedge Pattern. The Breakout could indicate a possible starting point for the Markup Phase. The Markup Phase is the stage of price breakout of the trading range and starts to rise steadily. Therefore,...
Hello Fellow Global Stock Trader/Investor! IDX Sector Consumer Non-Cyclical is an index that tracks the price movement of Indonesia Consumer Defensive Stocks. People call it "Consumer Defensive Stocks" because the customers will continue to consume the company's products even during an economic downturn. Why do we forecast the IDXNONCYC? By Analyzing the...
Hello Fellow Global Stock Investor/Trader, Here's a Technical outlook of NIKE! NIKE has broken out of Ascending Broadening Wedge. Furthermore, The MACD indicator created a Death cross, indicating potential bearish movement ahead. All other explanations are presented on the chart. The roadmap will be invalid after reaching the target/Resistance...
Hello Fellow Stock Investor/Trader, Here's a Technical outlook of ASRI Stock! Chart Perspective ASRI has rebounded around a strong support area. The MACD Indicator created a golden cross, signifying a potential upside movement to the target area. All the explanations are presented on the chart The roadmap will be invalid after reaching the target/ support...
Hello Fellow Stock Investor/Trader, Here's a Technical outlook of PANS Stock! Chart Perspective PANS has rebounded around the golden ratio of the Fibonacci retracement area and broken out of the falling wedge pattern. The Stochastic created a golden cross, signifying a potential upside movement to the target area. All the explanations are presented on the...
Hey everybody, I've been noticing that the patterns leading up to the fakeout rallies in March have been repeating themselves in numerous market-moving names- namely NVDA, MSFT, and AMZN. I think there's a strong possibility that AAPL goes to test new lows in the next two weeks, only to be met with tremendous buying pressure that will subsequently lead to a...
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...