About meI'm into the capital market since 2005 and started my first trade on the derivative side by 2006. Sometimes I win, and some time I lose, every trade I made was become my life journey. I invest, I trade and I conquer the market
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...
Refer to this link: a mild correction to 5,789 - 5836 has been occurred.
In a couple days, IDX:COMPOSITE is heading to level 6,157 - 6,211, be wise and choose your portfolio precisely.
Happy trading & happy shopping!
Please watch IDX:BMRI closely. Volume is rising, and giving a good momentum to break 6350 resistance in no time.
Bear in mind, IDX:BMRI is SOE bank with biggest asset in Indonesia. I recommend buy with target price 7200.
Having a market capitalization IDR 270 trillion with 12.26x PER, 23% ROE & 16% NPM, nominated IDX:TLKM as a hidden gem!
Especially after booked Q3'20 net profit of IDR 5.4 trillion vs. IDR 5.1 trillion in Q2'20.
I call buy!
After touched down 5,300-5,400 with a Rising Wedge pattern, IDX:COMPOSITE slid down to 4,754, it still have a room to fall to 4,600-4,700. Will it goes to south right before Mercury Retrograde cycle comes? Let us see...