Forecasting & Trading Idea for PSAB Based on Support & ResistancCurrent Price Action Analysis
PSAB is trading at 262 IDR.
Key support levels: 248, 214, 197, 168, 145.
Key resistance levels: 282, 302, 336, 420.
The price is currently near 248 support, which has been tested before.
Trading Idea (Short-Term)
Bullish Scenario (Buy Setup)
Entry: Buy near 248 - 252 if price shows a bullish reversal.
Target: First target 282, second target 302.
Stop-Loss: Below 240 (to avoid fake breakdown)
Investment Perspective (Mid-Long Term)
If price stays above 248-250, it can accumulate and push toward 300+.
A strong breakout above 336 will confirm a long-term uptrend.
If price breaks below 214, caution is needed for long-term holding.
Conclusion
Short-Term Traders: Look for a buy setup at 248-252, targeting 282+.
Investors: Accumulate near support zones (214-248) with a target of 336-420.
Stop-Loss: Maintain a strict stop below 240
Golden Energy Mines TBK (GEMS.JK) Price ForecastAnalysis:
This chart, published on TradingView.com on March 4, 2025, depicts the daily price action of Golden Energy Mines TBK (GEMS.JK), an Indonesian stock listed on the IDX. The chart shows a significant price movement with a breakout pattern, followed by a projected target of 11,575, as indicated by the green arrow.
Price Trend and Breakout:
The chart captures the stock's price movement from late 2024 to early 2025. Initially, the price fluctuated between 9,000 and 10,000, showing a consolidation phase with several red and green candlesticks indicating volatility.
A sharp decline occurred around late January 2025, with the price dropping to a low of approximately 8,825, marking a significant support level.
Following this dip, the price began to recover, forming a series of higher lows and breaking above the previous resistance around the 9,000–9,200 range in early March. This breakout is a bullish signal, suggesting renewed buying interest and potential for further upside.
Price Target:
The green arrow points to a projected price target of 11,575, representing a potential increase of approximately 28% from the breakout level near 9,000.
The target appears to be derived using a technical analysis method, possibly a measured move or Fibonacci extension, though the exact methodology isn't specified. The target aligns with historical resistance levels seen around November 2024, where the price briefly touched 11,600 before pulling back.
Performance Metrics:
The chart notes a +450-point gain, equivalent to a 5.22% increase, likely referencing the price movement immediately following the breakout. This confirms the bullish momentum in the short term.
Support and Risk:
The 8,825 level, where the price bottomed out, acts as a key support zone. If the price fails to sustain its upward momentum, this level could be tested again.
The breakout above 9,200 is critical. A pullback below this level might invalidate the bullish setup, signaling a false breakout.
Market Context:
Golden Energy Mines operates in the coal mining sector, which can be influenced by global energy demand, commodity prices, and regional economic factors in Indonesia. The bullish breakout might reflect positive sentiment in the sector, such as rising coal prices or favorable government policies, though these factors aren't explicitly mentioned in the chart.
Conclusion:
The chart suggests a strong bullish outlook for GEMS.JK following its breakout above 9,200, with a target of 11,575. Traders should monitor the 9,200 level as a key support to confirm the continuation of this uptrend, while also keeping an eye on the broader market and sector-specific developments that could impact the stock's trajectory. If the price sustains above the breakout level, the projected target appears achievable based on historical price action and technical patterns. However, a drop below 9,200 could signal a reversal, with 8,825 as the next significant support.
BBRI BUY NOW 3350! Support level at 3050-3150BBRI is now probably trade in the end of its deep correction, as on the technical view, by the Elliot Waves count, it is now completing the WAVE 5 of C (it confirmed by the Bullish Divergence on MACD).
The price could be be a little lower on the next 1-5 trading days to the 3050-3150, which is the 78.6% fibonacci retracement from broken uptrend. It is really strong support and i believe i would not be broken.
For about 6-12 months ahead, aim for minimum target of 30% return from this level.
Are you going with me???
CHEEERRRSSS...
MLPL - LOW CHEATIDX:MLPL - Low Cheat
(+):
1. Very Low risk entry point on pivot level
2. Volume dries up
3. Price above MA 50 > 150 > 200 over 10 weeks
4. Price is over 30% of 52 weeks low
5. 200 day MA trending up over 1 month
6. RS Rating is over 70 (93)
7. VCP characteristic
10. Price breakout with huge volume
(-)
1. Price is below 25% of 52 weeks high
Try to Adding with some basic fundamental about EPS growth:
a. Quarterly QoQ: −91.66%
b. Quarterly YoY: −71.13%
c. TTM YoY: +12.23%
d. Annual YoY: −13.30%
About fundamental aspect, maybe is time to turn around
BBRI Potential Drop to 3090 Before a ReboundI'm forecasting that BBRI may decline further to the 3090-2930 demand zone, where an unfilled order block exists. There's a potential bounce in the 3750-3690 area, but if selling pressure continues, the price could reach the lower support before reversing. Watching for confirmation at these key levels before taking action.
What do you think? let discuss below? 😊
Forecasting BBRI1. Key Support & Resistance Levels
Strong support: 3,620 – 3,500
Nearest resistance: 4,040 – 4,250
Major resistance: 4,800 – 5,025
Minor support: 3,810 (current price area)
2. Potential Price Movement
If the price holds at 3,810 and doesn’t break down to 3,620, there is a potential technical rebound toward 4,040 – 4,250.
If the price breaks down from 3,810 and breaches 3,620, there is a risk of further decline to 3,500 or even lower.
If the price rebounds from 3,810 and breaks through 4,040, there is potential for an upswing toward 4,250 – 4,510.
Entry Ideas & Reasons
📌 Buy Entry
Entry Level: 3,620 – 3,810 (strong support area)
Stop Loss: 3,500 (in case the price falls further)
Take Profit Target: 4,040 – 4,250 (nearest resistance)
Reason: The price is already at a historical support area. If there’s a bullish confirmation (reversal candle such as a hammer, doji, or bullish engulfing) in this zone, it can serve as a buy signal.
Analysis of BBRITechnical Analysis of BBRI
Price Level Analysis
Strong Support 3,800 - 3,900
Short-Term Resistance 4,100 - 4,300
Long-Term Resistance 4,600 - 4,800
Cut Loss Level 3,700 (if a deeper breakdown occurs)
📉 Current Situation: The price is approaching strong support at 3,900.
If a rebound occurs, the first target is 4,100 - 4,300.
If 4,300 resistance breaks, the price may rise to 4,600 - 4,800.
If it drops below 3,800, there is a risk of further decline.
❌ BBRI Risks
🔸 Economic Pressure & Inflation
If the economy slows down, non-performing loans (NPLs) could rise, affecting BBRI's profits.
Risks from MSMEs, which are more vulnerable to economic downturns.
High-interest rates could hamper credit growth.
🔸 High Interest Rates Policy
Bank Indonesia maintains high interest rates to control inflation, which could slow down new credit growth.
🔸 Competition from Fintech & Digital Banking
BBRI faces competition from digital banks like Bank Jago (ARTO), Bank Neo (BBYB), and others that are aggressively expanding digital services.
WIRG - VCP (18W 45/6/3T)IDX:WIRG
(+):
1. Very Low risk entry point on pivot level
2. Volume dries up
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 (84)
9. Additional aspect about AI sentiment
10. Price breakout with huge volume
(-)
1. I am not sure about Volume from 15 January until today, i think it is a sign of taking profit action of big institute. Let see what's going on with this stock after i bought it
2. There is gap below on 17 january 2025, i am not a big fan of gap
Try to Adding with some basic fundamental about EPS growth:
a. Quarterly QoQ: −32.06%
b. Quarterly YoY: −14.26%
c. Annual YoY: +77.44%
d. TTM YoY: +46.99%
About fundamental aspect, maybe the stock is time to turn around
ELIT - LOW CHEATELIT - LOW CHEAT
(+):
1. Low risk entry point
2. Volume dries up
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 (82)
9. Stock build VCP Characteristic
Try to Adding with some basic fundamental about EPS growth:
a. Quarterly QoQ: +31.29%
b. Quarterly YoY: 653.96%
c. Annual YoY: +75.48%
d. TTM YoY: +220.19%
(-):
1. Stock not confirm on stage 2 uptrend if not break the blue line
Note:
- Consider to add some position if break the blue line
- Market look bottoming, just wait this stock to breakout with high volume
Technical Analysis BBCASupport Levels:
8,675 (Major Support)
9,025 (Minor Support, currently being tested)
Resistance Levels:
9,300 (Nearest Resistance)
9,525 (Next Resistance)
9,850 (Main Resistance in the Short Term)
Trading Plan
1. Buy Area (Entry Point):
Aggressive Buy: 9,025 – 9,100 with a target of 9,300 – 9,525.
Conservative Buy: 8,675 if the price breaks down from 9,025.
2. Sell Area (Take Profit):
TP1: 9,300 (first resistance)
TP2: 9,525 (second resistance)
TP3: 9,850 (if the trend starts turning bullish)
3. Stop Loss (SL):
If the price drops below 8,900, exit to minimize risk.
Prediction About Mandiri Bank BMRIBank Mandiri IDX:BMRI is currently trading at 5,050, showing signs of weakness as it struggles to hold key support levels. If the stock fails to maintain support, we could see further downside movement, potentially testing levels around 4,500. This scenario aligns with the broader market sentiment and recent technical patterns.
Investors should closely monitor price action near the support zone, as a decisive breakdown may trigger increased selling pressure. However, if BMRI manages to hold above support and gains bullish momentum, a rebound could be in play. Keep an eye on volume and market conditions for confirmation before making any trading decisions.
NEST - CUP WITH HANDLEPosition Update: February 6, 2025
Key factors :
1. Low-risk entry point.
2. Very clear bases with VCP characteristics.
3. Has gone through its majority line of supply.
4. Moving on its own drummer, the stock price increased while the market crashing down.
5. High relative strength stock.
6. Volume dries up as less supply coming to the market.
7. The breakout was confirmed with a huge surge in volume.
Considerations : The current market environment remains challenging, with broader indices showing uncertain and inconsistent behavior. It is very few stocks that setting up decent bases.
I’d like to see if it can hold up and follow through from here.






















