GOTO With news speculating around a possible merger between GOTO and GRAB, there might be some good news for the stocks as well. We’ve got an Inverted Head and Shoulders pattern forming here, and we might expect a bounce back as we re-enter the testing zone. But we need to be cautious at the support leve
Key stats
About PT GoTo Gojek Tokopedia Tbk
Sector
Industry
CEO
Patrick Sugito Walujo
Website
Headquarters
Jakarta
Founded
2009
ISIN
ID1000207202
FIGI
BBG01QS41TQ9
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GOTO: Price Action Analysis After TikTok's AcquisitionTikTok, owned by ByteDance Ltd., has entered into a significant agreement to invest $1.5 billion in a joint venture with Indonesia's GoTo Group. As part of this deal, TikTok will acquire 75.01% of GoTo's PT Tokopedia for $840 million. This strategic move involves integrating TikTok Shop's Indonesia
GOTO DOWN -85%? Honestly, one of the companies IDX:GOTO that was waiting for the increase in 2022 and the IPO was postponed in 2021 due to covid and now after the IPO it has dropped 85%.
there will be a scenario that I make if it will make a double bottom then there will be an increase after that and return to t
GOTOThis analysis is using Fan principle & Fibonacci to conclude about the support
The trend line has been penetrated 3 times, meaning there is confirmation of new trend from uptrend to downtrend.
Using fibonacci we can measure the support is on 104 (0.618 line)
Buy: 100-104
Sell: 110-120
Stop loss:
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Displays a symbol's price movements over previous years to identify recurring trends.
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