overall risk:
the price already creating LL (orange) the risk is higher for me.
Strong support range 4830~ 4620 bottom purple box
but this is our chance to get discount price at LL / shadow MN. hoping it can reach the shoulder at minimum next month.
24Apr Earning & Revenue
Buy price:
-H4 fib & TL can be our buy range: 5100
-Also prepare for avg down if...
After rebound in area 0.618 - 0.5 Fibonacci, BBRI could break all time high. If can break area 5700 and maintain above those level. It can go till 6300 where fibbo extension level is there
Hi Everyone!
BBRI Stock today
BBRI Analyze ( IDX ), 1-week time frame ⏰
My expectation is that BBRI can breakout Resistance 5700, and if you want to BUY BBRI, you can BUY ON BREAKOUT, OR BUY ON RETEST
Or you can DCA, Buy on Breakout and if the price breakdown to retest area, you can buy again
but, Don't forget set up your trading plan, risk reward.
invalid...
BBRI cup and handle target confluence with butterfly pattern.
hopefully target will be achieved soon after breaking new all time high recently.
congrats for those who follows this idea
Hi Realistic Traders. Here's my price action analysis on BBRI!
BBRI has once again surged above its bullish trendline, maintaining its bullish trend. Additionally, the stock has shaped a bullish divergence and a descending broadening wedge pattern. These combined patterns often signal a strong likelihood of continued bullish momentum. Most notably, it has...
After reaching its All Time High, BBRI is stopped at 1.6 fibo level. If this resistance cannot be passed thus there is possibility that BBRI will retrace, my entry area is 5000 where is in its 0.6 fibbo level.
BBRI managed to breakout the second time from cup&handle neckline with even stronger volume compared to the last Failed breakout.
As usual, strategy for 4 big banks in only buy buy and buy.
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...
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...
# First of all, Disclaimer on. This is not advice to buy or sell the stock. Only sharing about my outlook point of view.
Here, let me explain my long term analysis about BBRI banking stock in Indonesia in Technical Point of View.
1. So the first, I draw my support and resistance line based on candlestick on 12M or 1 Year timeframe. You can also look at the 12M...
Medium support at 4550
Weak resistance at 4650
I Prefer Yellow trading plan
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not...
