On November 1, 2023, Bank Rakyat Indonesia (BBRI) stock exhibited a notable touch on the lower trendline at Rp4930. This technical analysis delves into the implications of this touch, marked by a bullish pattern and rapid ascent, further substantiated by the stock's position above the Exponential Moving Average (EMA) 200 and a positive MACD crossover. The...
JCI will most likely hit it's peak at a target price 6887.82 today (7th Nov 2023). And could potentially make a bottom (reversal) on (13th Nov 2023)
I have a position October 27, 2023 The reasons: 1. Low-risk pivot point 2. The stock offers the first buyable base after an IPO 3. It skyrockets huge >300% immediately after it went public 4. High relative strength, outperforming the general market 5. The stock is moving on its own universe, marching to its own drummer 6. Volume dries up during the pause 7....
BREN now move in price channel pattern, price move up still possible, let's just watch this
This is my market monitoring The charts consist of multiple liquid stocks (big caps as well as medium cap stocks) that give hints about sectoral market of Composite
I bought my positions today October 26, 2023 The reasons: 1. Low-risk entry point 2. The stock offers the first buyable base after an IPO 3. Tight pivot level/line of the least resistance 4. High relative strength stock 5. It acted strong against the general market The flaws: 1. The general market is still in hard-penny environment 2. Most individual setups I...
I bought my positions today October 12, 2023 The reasons: 1. Low-risk entry point 2. Prior strong upside move 3. Has gone through a majority line of supply 4. A breakaway move, the first breakout after the stock in a confirmed stage 2 uptrend 5. High relative strength 6. The stock explodes 83% while the market only goes up 2% 7. Volume dries up as less supply...
BBRI have weekly trendline support from Sept 2020 and if trendline breakout it will continue to BBRI downside Nearest support is 4.6k and 4.3k
IHSG ready for bearish movement when support trendline is breakout if breakout ready to retest 6.5k level and 5.7k level
JCI (Index Harga Saham Gabungan) has crashed and gone down -1,7% in one day. Here's my analysis of the turning point dates and the price bottom dates. IMPORTANT DATE: - 26 October 2023 - 2nd November 2023
I bought my positions today July 20, 2023 The reasons: 1. Low-risk pivot entry 2. A quintessential long-base VCP 3. The stock is at its all-time high with a six months base 4. It is in a confirmed stage 2 uptrend 5. It developed a crisp setup during the market correction 6. It has a high relative strength line Flaw: The general market is still declining I'm...
What a week! As long as it's price close above IDR3510, Petrosea can break IDR3950, potentially
minor correction on previous resistance which become support. considering the global energy consumption which is increase and rumors regarding political matters of the holding person of ADRO, it might be the right time for taking long position.
current price action show rejection from support. Altough it still need confirmation for reversal, considering it is strong support, hence there will be low risk for taking long position for maximum advantages
PTRO with increasing volume was breaking bearish trendline, ready for long position.
I bought my positions today October 12, 2023 The reasons: 1. Low-risk entry 2. The stock went up >300% in less than 8 weeks 3. A fractal of small cup with handle during the pause 4. The pause has less than 25% correction 4. Volume dries up as a sign of less supply coming to the market 5. Strong close with huge volume on the breakout 6. A high alpha stock with...
I bought my positions today October 1, 2023 The reasons: 1. Low-risk entry point 2. Prior strong upside move 3. Very clear and crisp pivot point 4. One of the leaders in the current market 5. Stock explodes >100% while the market only goes up 6% 6. High relative strength Flaw: 1. Hard-penny environment 2. Bad close, stock squats after the breakout I like...
I bought my positions today September 29, 2023 The reasons: 1. Low-risk entry with a crisp pivot point 2. The stock is up >100% in less than 8 weeks 3. Corrected the least during the pause, less than 25% correction 4. Volume dries up as a sign of less supply coming to the market 5. Good close and decent volume on the breakout 6. A high alpha stock with a low...