There are currently head and shoulders pattern in Indonesia Composite Index with 6200 as Left Shoulder and 6200 as potential Right Shoulder if the market couldn't break with good volume at 6200, and 6500 as head price, the neckline is around 5800-5900 and downside potential to 5400 since there's small gap at 9th November or 5200 if you pull a line from head to...
IHSG / COMPOSITE Indonesian See on Thu Jan 28th, 2021. Top High Thank you.
Looking at today's transaction sure make us less stressful regarding this Bear signal. Using DATA SAHAM INDONESIA apps, we can see that today's COMPOSITE accumulation as well as NET foreign Buy are quite massive. So, i sure hope that this Reguler bear can be cancelled out. Well, we can only see what tomorrow brings. NB: These analyses are not intended as...
AS we can see here in the chart, Elsa had a nice breakout to the upside and currently consolidating to absorb more power in order to continue moving up. AS for me, I am looking for a nice price to entry. For Elsa also it has a possibility to have HIGH TIGHT FLAG pattern. look it up on google then compare it to ELSA Chart. LetsGO
LETS see if today JKSE could break the correction channel to continue its wave 5. NB: These analyses are not intended as investment recommendations! Please also note that you are always responsible for your own investments when trading on the stock exchange! The analyses are only based on my opinion and view.
my own note. NB: These analyses are not intended as investment recommendations! Please also note that you are always responsible for your own investments when trading on the stock exchange! The analyses are only based on my opinion and view.
as written in the chart. my position is @354
lets see. i dont enter this trade, i just want to see my understanding of VPA
Look like MTDL will face bearish phase after ascending triangle pattern fail and now it will test the major trendline. And if its breaked MTDL will fall to next support area as the picture roadmap drawed. Oscillator stochastic was confirmed that MTDL will fall because we found hiden bearish divergence.
i expect wave 4 to end when it touch at least @ around 58xx something as written in the chart. Let see!! ALSO look and zoom @ RSI indicator. it looks like RSI is looking for support @50-53 something2.
E.W wave 3 is 1.6x the lenght of wave 1. By using fibo extension, we can draw the line using wave 1 and wave and we find that WAVE 3 of JKSE is @ around 6177-ish. SO what do we do now? well we can enjoy the bullish we are on right now and wait for the correction to occur (WAVE 4). Remember wave 3 minimal is 1.6 of wave 1 so although the minimal price has reached,...
lets see the reaction when the price touch baseline ichimoku first, i believe that area is quite strong support since it is a confluence of baseline ichimoku (RED LINE)+previous resistence (BLUE BOX)+as well as fibo cluster (GREEN BOX). ill buy @1100-1130/40 area.
I personally believe that investing is an ability to analyze with a perfect timing for buy. Those timing would be gotten if you had known the technical analysis (trendline, supply and demand , support and resistance and fibonacci retracement )
BUY only if only MFI indicator reversing to the upside which currently is still going down.. WAIT FOR IT
But first, we are going to see the reaction which will be shown when it touch MA200 @960-965.
Wave 5 is complete or in the move? ERAA price however still moving to the upside after it bounced back from the channel.
Bisa masuk bertahap, karena ada peluang koreksi dulu ke area 920 ( Unfilled Order), selanjutnya berpeluang besar rally sampai area 1400, semoga bermanfaat..