This counter have potential to keep on creating momentum based on current price that touching Upper BB and Indicators that showed buying signal.
We can look for entry at price around 0.365 and based on the Dynamic Support Mid BB which is 0.350 - 0.345.
I expect the price can move back to
#Dislaimer: This is not a buy call, just for learning activity
Recently the price is breaking the Descendent Upper Trendline.
I'm expecting price is now creating a pullback where we can see an entry.
Currently the price action appeared is Outside Bar at near support level.
Price have potential to go up to 0.60
BAHVEST is a mining company, where they do gold mining. Is it a good time to buy? Does gold really have...
The idea is the same like BOILERM,
For your information, this counter is Non-Shariah Compliant.
This counter give dividend around 4 times per year, rather than BOILERM which is 1 time per year if I'm not mistaken, please double check.
The fundamental is good, positive.
The technical that I see here is the same like BOILERM. Pinbar at support level.
Fundamental saham ini adalah menarik sebab apa, saham ini membuat profit.
Consistent Quarterly Report is making profit, Cash Flow positive, Profit Loss positive.
And technical, where to buy for Daily, I saw a Candlestick pattern of Bullish Pinbar that exist at Support Level. So, this is might be a good opportunity to go for long position.
Stoch is oversold...
This company have a good fundamental.
Quarterly report is profitable, cash flow is good, making net profit, balance float is lesser than 30%.
In technical, I will wait at possibly 0.475 and 0.425 which I expect it will rebound 200MA.
Ranging sideway recently and price is playing above 200MA. Expecting a breakout at 0.655 and have potential to go until 0.735.
Fundamental last Quarter is profitable, Cashflow is positive as well as net profit is also positive.
But the only one that I look in fundamental that is not in my rules is it is above 30% balance float.
Anyway, we can see multiple pin...
My eyes see Counter Trend Pinbar at Key Resistance Level. It is very dangerous to take counter trend trading if not advance. I can say the price have potential to make reversal for few days, might be weeks.
And the risk, is obviously big. It can go to next Resistance.
Extreme appear recently and now waiting for MHV to appear. Extreme in H1 giving the opportunity to buy as Daily SM is also currently at that level.
Using EMA 50 at higher timeframe, I can say EU is still Trending High.
Extreme appeared at BB Flat. Price will likely to ranging in BB Area as the price BB is flat.
Possible to trade at level of Open Reverse Candle (Wait for Retest candle).
If it hit, target is likely to go for MA5/MA10 High to Mid BB and might be possible to Top BB as it is in Flat BB mode.
If it closed low than Lower BB, compulsory to cut loss.