Double bottom pattern. Let's see. IHSG also bullish .
there's also some probability that the price will also touch 300 psychological level.
TP :280-282 (23.9%-24.8%)
SL : 190 (ATR) (19%)
Trend continuation supported by parallel channel, breakout on fibonacci resistant with high volume. WSKT goes to the next fibonacci level, 1405, then 1500(?).
CMIIW.
IDX:WSKT
- I found BMRI just losing the momentum
- After follow up this stock just forming Rising Wedge Pattern
- RSI Indicator (Stoch) just tell us that BMRI is overbought
- So do Indonesian Composite Index just showing the overbought signal
Based on elliottwave theory, I am confident enough to say that the bearish trend is almost over. A zig-zag correction pattern is formed from a-b-c label, the price also hover around strong support range. I think the accumulation phase is happening now.
RSI indicating bullish divergence. Let's see if price can hold above MA 50 and MA 100 in coming weeks.
Cheers...
Harga sudah break Trendline, berpeluang dulu untuk pullback ke area 3050 karena karena ada gap juga, kemudian rally sampai target price pertama di 4300an
IHSG got their bullish momentum as well. As we can see, lattest the price action just got up early and it break its own trendline. And it is a sign that the index itself will taking off imadiately. (And test the resistance area)
Well, i just got my research done on some IHSG's stock cart and i just found, most of them has continuation pattern like Pennant,...
