SMGR look to complete the ABC wave. I'm not export in wave, just share my personal ideas only. Hope it works out.
SMGR on the way forming the bearish BAT pattern, happens to be inline with completing ABC wave posted earlier. (see earlier post) Not harmonic or wave expert. Just sharing my personal ideas. Hope it works out well.
Time to wait n see to buy $SMGR on Jakarta Composite Index. $SMGR is a State-Owned Enterprises, bluechip, with a good financial report and it possible to BOOM! in 2022. Lets to tracking on the news and flow of big capital by foreign or domestic. #DYOR *not financial advice
There is Falling Wedge Pattern in both Daily and Weekly chart on this stock. And the Weekly Stochastic already in oversold area + Bullish Divergence detected too. Wait until the price breakout the falling wedge pattern to entry. For me, i will wait until the price breakout the falling wedge and wait the retest or correction done. Disclaimer ON
TP 1 : > 10.000 TP 2 : > 12.000 TP 2 : > 14.000 SL : < 7600 Risk In Your Hand Press Like & Follow if u like my content --- Thank You ---
3T6 MONTH SWING TRADE SMGR! BUY IF BREAK AND CLOSE ABOVE 8500! SUPPORT = 7675 and CL IF CLOSE <7675! SMGR or PT Semen Indonesia Tbk, commonly known as Semen Indonesia Group, is an Indonesian cement company established in 1957 in Gresik, with the name NV Semen Gresik. In 1991, PT Semen Gresik was the first state-owned company to go public on the Indonesia...