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BBRI Weekly Outlook – Testing a Multi-Decade TrendlineTicker: BBRI (IDX) Timeframe: Weekly Status: High-Priority Technical Watchlist 🔹 Long-Term Structure BBRI is currently testing a major ascending trendline that has been in play since 2008. This zone has historically served as a reliable long-term inflection point, having been tested multiple times over the past 15+ years. The trendline has held six or more significant touchpoints, strengthening its technical validity. Price action is also aligned with a horizontal demand zone (approx. 3,400–3,700), previously seen during the accumulation phases of 2019–2020. 📉 A Controlled Correction? The recent correction has formed a descending channel structure, but: The current drop is accompanied by high volume, which may indicate a capitulation or panic-driven sell-off. Price behavior at this key junction will determine the next major phase: a base reversal or a structural breakdown into a broader downtrend. 🧠 Risk-Reward Outlook If this long-term support holds: A technical rebound toward the 4,800–6,500 zone remains well within reach. The current setup presents a favorable risk-to-reward profile for medium-term positioning. However, a weekly close below 3,200 would invalidate the bullish scenario, potentially triggering a decline to the 2,400–2,100 area — a demand zone from back in 2016. 📌 Strategic Takeaway “BBRI is at one of the most critical technical inflection points of the past decade. This is more than just a trendline — it reflects long-term investor conviction versus macro pressure.” Recommendation: Wait for confirmation from a reversal candle on the weekly timeframe. Patience is key — but this is not a zone to ignore.
IDX:BBRILong
by Fikimfa
ELPI (VCP - 26W 14/4 3T)Position update: March 25, 2025. Key factors: 1. Confirmed stage 2 uptrend. 2. A textbook double bottom with VCP characteristics. 3. Has gone through its majority line of supply. 4. Moving on its own drummer, the stock consolidates while the index suffers a terrible decline. 5. High relative strength. 6. Volume dries up as less supply coming to the market. 7. Strong fundamentals, with consistent year-over-year earnings growth. Considerations: Despite these strengths, the broader market remains in a bearish phase, down over 20% from its all-time high. Geopolitical risks, persistent net foreign selling, declining investor confidence, and concerns over the government downplaying the stock market's significance continue to contribute to an unstable market environment.
IDX:ELPILong
by rifqonr
PGAS Elliott Wave CountA very interesting company with quickly declining shareholder count, dropping from 93k holders in September 2024 to just 72k in February, and expected to drop even more this March due to IHSG's performance. Additionally, foreign investors have been accumulating for the past year, rising from 17% to 21%. To add even more, local retail ownership of the stock has fallen off a cliff, falling from 15% to just 9% in just a year. I believe we have finished the second wave of wave C. We shall see more improvements in the coming days.
IDX:PGASLong
by MrSparkles69
MUTU - 3 WEEKS TIGHTIDX:MUTU - 3 Weeks Tight (+): 1. Low risk entry point when stock pause 2. Volume significantly drop on week 2, and huge volume on week 1 3. Price above MA 50 > 150 > 200 over 10 weeks 4. Price is within 25% of 52 weeks high 6. Price is over 30% of 52 weeks low 7. 200 day MA trending up over 1 month 8. RS Rating is over 70 (90) 9. High volume on breakout (-) 1. In the text book, 2nd candle on 3 weeks tight is must corrected by 3% but this stock it was corrected by 9%
IDX:MUTULong
by The_small_money
WIFI: Bangkit dari Koreksi! Rebound atau Dead Cat Bounce?Trading langsung melalui TradingView x STAR! Teknikal: • Last: 1935 • Resist: 2170 : 2730 • Support: 1825 : 1550 • Cutloss: < 1550 Sales Note: • WIFI through its brand Surge is a co providing internet connecticity through a fiber optic network along railroad tracks on Java island , partnering with local ISPs via revenue sharing system. • Surge offers affordable (start from IDR100k/month), high quality and unlimited internet access to households located within 1-5km from KAI railroad – this has achieved so far an solid 90% take-up rate. • WIFI owns 6,972km of fiber optic lines along railway tracks and highways in Java. As of 9M24, WIFI owner fixed assets in the form of project equipment worth IDR890bn and more than IDR800bn worth of fiber optic lines . • In 9M24, Surged booked revenue growth of 46% y-y to IDR505bn. The company aims to roll out up to 40mn homepasses in 2025 – this coupled with a conservative 45% EBITDA margin, could translate to more than IDR250bn in profit . • B/S is also manageable, with net gearing of 1.4x in 2024; with potentially increasing debt but reasonable given the exponential revenue growth. • PT Investasi Sukses Bersama (ISB) owns 50.4% stake in WIFI, whereas around 45% of that is owned by PT Arsari Sentra Data (co owned by Hashim S Djojohadikusumo) . • The stock trades at 7x EV/EBITDA 2025E , which is lower than global telco, especially fiber optic names avg of 8x. Anthony Yunus Head of Sales PT Samuel Sekuritas Indonesia __ Jika Anda memiliki pertanyaan, jangan ragu untuk menuliskannya kepada kami di kolom komentar di bawah. PT Samuel Sekuritas Indonesia berizin dan diawasi oleh Otoritas Jasa Keuangan
IDX:WIFI
by Samuel Sekuritas
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