weak support at 550
weak resistance at 600
I Prefer yellow 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 should not be considered specific investment advice. I am not...
weak support at 515
weak resistance at 600
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 should not be considered specific investment advice. I am not...
SMBR is very interesting, has retrace to 38% area, possibly can make pattern 38-23-61
So whatever pattern is formed, it is likely that SMBR will touch the 61% retracement, which is the price of 1050
Technical Advice:
- Macd saturated (entry point under value 31)
- Retracement entry price 735
Strong Bullish
Take profit 1050
MEDIUM RESISTANCE AT 920
MEDIUM SUPPORT AT 785
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 should not be considered specific investment advice. I am not...
As a cement producer company, we can include SMBR in our portfolio as a proxy to economic recovery. As the economy recovers plus the boom from commodities (coal and CPO), infrastructure should get more allocation in Indonesia's 2022 State Budget. The derivate of infrastructure sector is definitely the cement sector. Based on technical analysis, SMBR has support at...
MEDIUM RESISTANCE AT 785
MEDIUM SUPPORT AT 700
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 should not be considered specific investment advice. I am not...
WEAK SUPPORT AT : 515
MEDIUM RESISTANCE AT : 700
I Prefer yellow trading plan , but it's depend on market next
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 should not be considered...
Price has closed above the falling wedge upper resistance. Putting a trading plan in motion.
Disclaimer: This content is intended to be used and must be used for information and education purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. Accordingly, the writer will not be liable in...
This post has 2 language versions, English and Indonesian, so everyone and Indonesian people can understand it.
EN : On the weekly timeframe, SMBR share price is dropped drastically after retesting the selling area (Supply Zone) which is in the price range of 1435-1380 per share. If we use Supply & Demand method, highest probability for SMBR at the moment is that...
This post has 2 language versions, English and Indonesian, so everyone and Indonesian people can understand it.
EN : On the monthly timeframe, SMBR share price is declining 680 IDR (-49.64%) from the highest price in December 2020, because SMBR share price is testing the Equilibrium Point at 1170 price level. If we use Supply & Demand method, there is a potential...
Medium support = 920
Strong resistant = 1090
Golden Cross EMA 144 x EMA 377
will fly to 1050, Long for next week
have a nice trading
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...
