tired of "Indonesia Common Big Bank" ? try this BNGAAfter I rebalance my portofolio and invest strategy, I turn to try "Dividen Investing" from Indonesia Stock haha
So basicly, I post this just for timing when to entry, and now is good time to entry IDX:BNGA
Fundamental Analysis:
Net Income consistent to growth year after year
"Sexy" Dividen Yield for Banking Sector
Dividen Payout Ratio (DPR) 50% on average each year. I think it's good because it sign if IDX:BNGA still have room to growth
Technical Analysis: (to know is a time to entry or not yet)
Success to break 1,785 (resistance level and this 0.5 Fib Retracement)
Huge Volume after touch the EMA 50 (Bulish Engulfing Candle appear)
Good time to have beautifull Risk&Reward set up (if you want short term)
I just entry this and hold for long time.
But, if you want short time, maybe you can try this set up
Entry : 1,785 - 1,800
TP : 2,010
SL : 1,720
Risk&Reward Ratio : 1:3.46
DYOR
This post just share my ideas, not financial advice
Thankyou for reading, and maybe good thing always come for all of us!
