the last BBCA map already closed BEP (-0%)
yesterday price closed above 9775
this chart is 2nd try with new buy area.
remember that at this time, the wave already create new LowerLow means the risk is higher.. do your MM
or wait when the price near 9300 or above 10100 area if you dont want to take risk at current position.
Buy area 9775 ~ 9625
Price under...
Follow the trend, positive news
Buy 9800 ; 9750
If price D1 closed bellow 9600 = Cutloss 9775 and wait for confirmation for price to get above 9775
Tmax at extend fib 10650
Risk: high Tf pattern and RBS 9350~9200
• Monthly
- Trend and momentum using Joe Rabil Method:
a. Uptrend since price continues making HH & HL. Price is above 18-month MA and 40-month MA; 18-month MA is rising and above 40-Month MA.
b. MACD shows improvement
- Elliot Wave Method: -
- Harmonic Trading Method: -
• Weekly
- Trend and momentum using Joe Rabil Method:
a. Uptrend since price continues...
BBCA price reverse strongly and on track to complete the potential Cup&Handle pattern.
Strategy for Indonesia's 4 big banks is only buy buy and buy....
In this analysis, we delve into the recent movement of BBCA stock, particularly observing a noticeable gap around the 8500 level on September 22-23. The common market tendency to fill such gaps implies a potential downturn for BBCA shares.
Navigating the potential downturn, Fibonacci retracement analysis identifies 8525 or the 0.618 level as a strategic point for...
IDX:BBCA have finished the Harmonic Pattern. In technical analysis, it will lead correction to fib 0.382-0.236. By using Fibonacci Timezone, the bottom will be reached on 31 May - 22 June with estimated prices are at 8475-8575. After that BBCA will continue the rally to 9475-9600 with estimated time at 3 Aug - 25 Aug
English:
After two days the market has been trying to break the price at 8725-8700 but there was a refusal, so BBCA will have the opportunity to make a death cat bounce (a bounce for a deeper correction). With a correction target it can reach 8475. While a rebound target is 8900-8950.
Bahasa:
Setelah dua hari pasar berusaha menjebol harga 8725-8700 namun...
BBCA - POTENTIAL DROP BEFORE BULLISH
BBCA has reached it's peak and now potentially making a secondary reaction before continuing it's bullish continuation.
BBCA is going to make a downside movement, the target will be 1.618 Fibonacci ratio near the previous gap or 2.24, near the classic target of Head and Shoulder pattern (yellow horizontal line)
#fibomic
#BBCA
