3.69%
230IDR
7.885TIDR
34.342TIDR
6.343B
About MEDCO ENERGI INTERNATIONAL
Sector
Industry
Headquarters
Jakarta
Website
Employees (FY)
3.339K
Founded
1980
ISIN
ID1000053705
PT Medco Energi Internasional Tbk engages in the exploration and production of oil and natural gas and other energy activities. It also involves onshore and offshore drilling activities, and investing in subsidiaries. It operates through the following segments: Exploration for and Production of Oil & Gas, Services, Power, Chemicals, Rental of properties, Trading and Holding & Related Operations. The company was founded on June 9, 1980 and is headquartered in Jakarta, Indonesia.
Potential Upside For MEDCIDX:MEDC
This stock has finally breakout from its demand zone (840 - 915). A chance to buy with potential target to 980 - 1100. But beware if price goes below 840.
MEDC - CUP WITH HANDLEI bought my positions today
January 19, 2023
The reasons:
1. Low-risk entry
2. Cup and handle pattern
3. High relative strength stock
4. Constructive basing period
5. Outstanding fundamental basis.
The flaw:
The general market is declining, the breakouts are prone to failure.
MEDC: Commodity Stocks Still Has a Chance to Create New High?Hello Fellow Stock Trader and Investor!
Price Action Analysis
MEDC has moved above the dynamic trendline and bullish trendline. The breakout of a falling wedge pattern indicates a possible upside movement ahead. Furthermore, the momentum indicator makes a golden cross, signifying a possible upsi
MEDC (VCP - 6W 15/5 4T)This is a VCP breakout with strong fundamental basis.
I got my positions today from a tight pivot area. I secured my first buy on 10/10/22 and pyramided up into my position today.
MEDC: Head and Shoulder pattern?MEDC potentially forms Head and Shoulder pattern. Be careful, it's not yet safe to entry at the moment.
IDX: MEDC UNTIL THE END OF APRIL 2022weak support at 565
Strong resistance at 605
I Prefer green 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
IDX: MEDC UNTIL NEXT MONTHweak support at 630
medium resistance at 670
I Prefer green 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
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