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BBCA Weekly AnalysisCurrent Price: ±6,100
BBCA is currently still in a medium-term bearish structure.
The key 6,400–6,500 support zone has already broken down. This area previously acted as a major institutional demand zone and has now turned into resistance.
As long as price remains below this zone, market pressure is still considered bearish.
---
# Market Structure
* Lower highs continue to form
* Selling pressure remains dominant
* No strong bullish reclaim yet
The recent decline also pushed price below the 1.618 Fibonacci extension area around 6,275, showing that the market is entering an overshoot phase.
However:
> oversold does not automatically mean reversal.
---
# Key Levels
## Support
* 5,900 → nearest support
* 5,400 → stronger long-term accumulation zone
* 4,800 → deep value area
## Resistance
* 6,400–6,500 → major resistance
* 7,275 → structural reclaim level
* 8,250 → bullish recovery confirmation
---
# Valuation Perspective
Fundamentally, BBCA remains one of Indonesia’s strongest banks with:
* strong CASA,
* high ROE,
* and premium institutional ownership.
The correction is mainly the market repricing its previously expensive valuation.
At current levels, BBCA is becoming more attractive for long-term investors, although technically the chart is still weak.
---
# Conclusion
Technically:
* trend remains bearish,
* key support already failed,
* and recovery has not been confirmed.
For long-term investors:
the more rational approach is gradual accumulation, not aggressive all-in positioning.
BBRI Weekly Analysis UpdateCurrent Price: ±3,120
Average Buy Position: 3,660
Focus of this analysis:
* support identification,
* Fibonacci structure,
* and the symmetrical triangle breakdown.
---
# Market Structure
BBRI remains under medium-term bearish pressure.
From the updated chart:
* the symmetrical triangle has already broken down,
* key horizontal support failed to hold,
* and price is now trading below my average buy position at 3,660.
The 3,660 area has now turned into:
* a psychological resistance,
* a supply zone,
* and a trapped buyer area.
As long as price stays below this level on a weekly closing basis, the market structure is still considered weak.
---
# Fibonacci Structure
Using the major swing:
* Low: 2,110
* High: 6,450
Key Fibonacci levels:
* 0.5 → 4,280
* 0.618 → 3,760
* 0.786 → 3,160
* 1.0 → 2,110
Current price has already broken below the 0.786 retracement level, which is often considered the final support zone before a medium-term bullish structure weakens significantly.
This suggests the market is entering a:
> distribution and valuation repricing phase.
---
# Symmetrical Triangle Breakdown
The previous structure formed:
* consistent lower highs,
* while buyers defended horizontal support,
* until the support finally broke.
Technically, a symmetrical triangle after a downtrend tends to act as a bearish continuation pattern.
That is currently what BBRI is showing.
---
# Key Support Areas
## Support 1 — 3,040
Nearest support zone.
Potential:
* short-term technical bounce,
* temporary reaction area.
However, if weekly closes remain below this level, downside risk increases further.
---
## Support 2 — 2,700
This is the first area that starts to look attractive for:
* long-term accumulation,
* gradual scaling,
* and investment positioning.
Why?
Because this area aligns with:
* historical support,
* Fibonacci extension confluence,
* and increasingly discounted valuation levels.
---
## Support 3 — 2,160
This is considered a deep value zone.
Such levels usually appear during:
* panic selling,
* major foreign outflows,
* or broader market risk-off conditions.
Ironically, these are often the zones where long-term institutional accumulation begins.
---
# Valuation Perspective
Fundamentally, BBRI is starting to look relatively cheap.
Current estimates:
* PER around 7–9x,
* PBV around 1.4–1.6x,
* both below historical averages.
Most analyst target prices still range around:
* 4,400–4,900.
This means the market is already pricing in a significant amount of fear and pessimism.
---
# Conclusion
Technically:
* the trend remains bearish,
* the triangle pattern has broken down,
* and key support levels have failed.
However, from a valuation perspective:
BBRI is gradually entering a more attractive zone for long-term investors.
The more rational approach right now is:
* avoid aggressive all-in buying,
* scale in gradually,
* and wait for structural reclaim confirmation for safer positioning.
As long as price remains below 3,660:
the market is still considered under pressure, and a full recovery has not yet been confirmed.
Applying technical analysis in multiple time frames: $TAPGM TF:
• Structure: a series of HH and HL – Uptrend
• MA:
- Price far > 18MA & 40MA – bullish location
- 18MA > 40MA and both are rising with wide separation – strong bullish trend
• MACD: > 0 line and MACD line is far > S line – strong bullish momentum
• Conclusion: Structure is uptrend and supported by strong bullish trend and momentum. Go to W TF for opportunity to go long
W TF:
• Structure: a series of HH and HL – Uptrend. However, there is reversal bar pattern at the top with huge volume.
• MA:
- Price > 18MA & 40MA – bullish location
- 18MA > 40MA and 18MA is separated from 40MA and both are rising and – bullish trend
• MACD: > 0 line and MACD line is far > S line – bullish momentum. However, the value dropped from 122 to 117; this is minor. MACD is still far above 0. This is a normal loss of momentum after a strong rally.
• Conclusion: Structure is uptrend and supported by bullish trend and momentum. Reversal bar pattern at the top is a warning. Go to D TF to see if this warning is confirmed (further weakness) or invalidated (price holds and recovers)
D TF:
• Structure: From ATH at 2300, price has dropped to 1850 – pullback. Price has broken the uptrend line but has not made a Lower Low (LL). The uptrend structure (HH/HL) is still intact. This is a sign of weakening momentum, not a confirmed reversal. A break below the last HL would create a bear alert. Until then, the uptrend structure remains intact
• MA: location is bearish with weakening bullish trend – a sign of in transition
- Price is below 18MA & 40MA – bearish location
- 18MA > 40MA but 18MA start to flatten (short term: start to weaken) but 40MA is still rising (long term: bullish) – a sign is weakening bullish structure
• MACD: > 0 line – bullish momentum but MACD has made DC and drifted toward 0 – weakening bullish momentum
• Conclusion: From ATH, structure is in pullback with weakening bullish momentum and MA shows in transition area. Warning since price has broken its uptrend line. Go to 1H TF for detail of the pullback
1H TF:
• Structure: D pullback is in presumptive downtrend.
• MA:
- Price is far below 18MA & 40MA – bearish location
- 18MA < 40MA and both are falling with wide separation – bearish trend
• MACD: < 0 line – bearish momentum and MACD line is far < S line – bearish momentum
• Conclusion: 1H structure is presumptive downtrend, but indicators already give bearish signal. No trade until 1H shows a Change in Trend — break of downtrend line, Higher Low (HL), and MACD confirmation.
Observation:
1. Monthly is bullish.
2. Weekly is bullish; warning – reversal bar pattern at the top
3. Daily is in a pullback with weakening momentum, but the uptrend is still intact; warning – price broke its uptrend line.
4. 1H is in a presumptive downtrend.
Overall conclusion: No trade. Wait until 1H shows a Change in Trend — break of downtrend line, Higher Low (HL), and MACD confirmation before acting
Long 
ANTM – Symmetrical Triangle Setup (1D Timeframe)ANTM is currently forming a compression structure between a descending resistance (red trendline) and an ascending support (green trendline), indicating a potential symmetrical triangle pattern.
Price is now approaching the apex zone, which typically leads to a breakout move.
🔍 Key Observations:
Lower highs → bearish pressure from sellers
Higher lows → buyers still defending support
Price hovering around key horizontal level (~3,600–3,700)
Volatility is decreasing → breakout incoming
📈 Bullish Scenario:
Break and close above 4,100 – 4,200
Confirmation with strong bullish candle & volume
Potential targets: 4,400 → 4,700
📉 Bearish Scenario:
Breakdown below 3,600 support
Opens downside toward 3,300 → 3,000 area
⚠️ Strategy:
Wait for clear breakout + retest confirmation
Avoid entering inside the triangle (fakeout risk is high)
Use tight risk management
💡 Conclusion: ANTM is in a decision phase. A breakout from this structure will likely determine the next major trend direction. 
Long
Long
Long 
Long
BBCA WEEKLY OUTLOOKAs a bank, BBCA IJ is an outstanding company. Customers genuinely enjoy its products and appreciate the quality of its services. This private institution has consistently delivered value to its investors.
⚠️DISCLAIMER ON⚠️
However, from a technical perspective, there is a risk of a deeper correction despite the company’s strong fundamentals. The chart shows that BBCA IJ has reached one of its strongest support zones at Rp6,075–Rp6,000. If a meaningful rejection forms in this area, the stock could potentially transition back into a bullish trend.
On the other hand, if BBCA IJ breaks below this support, the price may decline further toward the next major support zone at Rp4,530–Rp4,440. Isn't it terrifying for us, Investors? Of course. But this is a long-term outlook that may only materialize around 2027. Let’s see. 😉
