my worry about IHSG
NB: DO MIND that These analyses I posted here are intended as my notes and not as investment recommendations or as financial advice! Please also note that you are always responsible for your own investments when trading on the stock exchange! The analyses are only based on my opinion and view. LETS CUANN!!!
Hi,
Jakarta Composite Index (IHSG) has been on the downtrend for the last one month. If we look at the chart, we can find a double top which the support has been breached and become a resistance.
The Index has just tested the resistance and pull back which can signal a possible downtrend. The key points for a further down will be :
1. Covid 19 Vaccination has...
Hello traders & investors... how are you?
I hope all of you are healthy & prosperous.
Today, I try to capture the movement of IDX Composite for the next 6 months, 'till August 2021.
IDX Composite will tend to move sideways until June 2021 because the FY'20 earnings result might release "as expected", and Indonesia soon will entering the fasting month (mid of...
Compare to the US market, Index still mostly on the uptrend,
but Indonesia Index still not sure it will continue the downtrend, or it will bounce and break the resist.
anyway, the nearest resists we can see in the chart.
Happy trading!
There are currently head and shoulders pattern in Indonesia Composite Index with 6200 as Left Shoulder and 6200 as potential Right Shoulder if the market couldn't break with good volume at 6200, and 6500 as head price, the neckline is around 5800-5900 and downside potential to 5400 since there's small gap at 9th November or 5200 if you pull a line from head to...
NB: DO MIND that These analyses I posted here are intended as my notes and not as investment recommendations or as financial advice! Please also note that you are always responsible for your own investments when trading on the stock exchange! The analyses are only based on my opinion and view. LETS CUANN!!!
