LPKR Breaks 34 in weekly TF! A Signal to Bull?Bullish Potential for Lippo Karawaci Stocks!
Key Points
Technical Breakout: Lippo Karawaci stocks have recently broken above the EMA 34 on the weekly chart. This is a positive sign often indicating potential upward momentum in the stock's price.
Valuation: The current Price-to-Book Value (PBV) stands at 0.3, which is quite low. This suggests the stock is undervalued compared to its book value, making it attractive for investors seeking value.
Conclusion: With the recent technical breakt
Applying Technical Analysis in multiple time frames: $BBTNMonthly
• Trend and momentum using Joe Rabil Method:
- From May 2020, price made HH and HL and is now in transition phase. If it breaks 2100, it becomes presumptive Uptrend.
- In March 2024, price broke the downtrend line (Step 1), tested the low (Step 2) and is on its way to Step 3
• Harmonic Trading Method: N/A
Weekly
• Trend and momentum using Joe Rabil Method:
- Last leg is in presumptive uptrend and is on its way to Step 4. If it breaks 1545, it becomes an uptrend.
- Price is above 18-we
SMDM - POWER PLAYI have my position today
September 9, 2024
The reasons:
1. Low-risk pivot point
2. The stock offers a very tight entry in a power play setup
3. It surged over 250% in less than eight weeks
4. Corrects only 8% during this pause, indicating big institutions unwilling to sell their positions
4. High relative strength, outperforming the general market
5. The stock is moving on its own universe and marching to its own drummer
6. Volume dries up during the pause
7. The general market is in its bul
DILDVisions of you in shades of blue Smoking, drifting, lazely drifting My darling, I miss you so Time goes by, no wonder my Senses go reeling, your eyes appealing I see the whole night through When will we meet again When, when, when When will we meet again When, when, when I remember the days, beautiful days
ELPI - CUP WITH HANDLEI bought the stock today
August 30, 2024
Reasons:
1. Low-risk entry point
2. Long base cup development
3. Formed a classic cup with a nice drifting handle
4. Newly IPO stock in late 2022
5. High relative strength
6. This is the second buy-able base since the IPO (first: vcp on 8/2/24)
7. More stocks start showing traction.
Flaws:
1. Not really in a confirmed stage 2 uptrend
2. No big volume on the breakout
I like to see if it can holds up and continue moving higher from here
BMRI - CUP WITH HANDLEI bought the stock today
September 11, 2024
Reasons:
1. Low-risk entry point
2. Long base cup development
3. Formed a classic cup with a nice drifting handle
4. VCP characteristics on the handle
5. One of the leaders in banking sector beside IDX:BRIS
6. We're in a general market bull campaign
7. More stocks start showing traction.
Flaws:
1. Currently outperformed by the market
2. No big volume on the breakout
I like to see if it can holds up and continue moving higher from here.
Analysis: BBNI Sell OpportunityMarket Context:
- Price is within a bearish Discounted Weekly Fair Value Gap (FVG).
- Price broke Daily Trend Line.
Entry: 5450
Stop-Loss (SL): 5850 and trailing
Target Price (TP)2: 4300 (last swing low)
Target Price (TP)2: 3100 (1.618 Fibonacci extension & Weekly Bullish FVG)
Monitoring: Track the price daily and adjust based on new market information.
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Disclaimer
The analysis and content provided
MARK (VCP - 19W 26/5 3T)I bought my positions today
September 26, 2024
Key factors:
1. Low-risk entry point.
2. Confirmed stage 2 uptrend.
3. Has gone through its majority line of supply.
4. Moving on its own drummer, the stock went up +130% while the index only up 10%.
5. High relative strength.
6. Volume dries up as less supply coming to the market.
8. Many traction based on my stock continuum.
9. Early stage of bull market campaign.
10. The market is currently in an easy-dollar environment, where many stocks a
RSCH - CUP WITH HANDLEI bought the stock today
August 16, 2024
Reasons:
1. Low-risk entry point
2. Confirmed stage 2 uptrend
3. Has formed a classic cup with a nice drifting handle
4. Strong prior moves before it gone through its base formation
5. High relative strength
6. Hand in hand with the indexes making its new highs
7. More stocks start to setup constructively
Flaws:
The market is still very vulnerable to go through another corrections
I'm still waiting for some traction in the market before I start t
AMRT Buy AnalisysMarket Context: Price breaks previous resistance above 3030. Bullish Weekly Fair Value Gap (FVG) following around previous resistance & 50 Fibonacci.
Waiting for price to retrace back into FVG area, and making a reversal signal.
Entry Buy : 3000
Target Price (TP): 3300 (1.618 Fibonacci extension)
Stop-Loss (SL): 2900 (below FVG)
Monitoring: Track the price daily and adjust based on new market information.
Documentation: Record trade details and observations for future analysis.
my prediction on $KINGTrend price movements are still in the upward phase which started in early September even though there was a reversal which became an area of change in character (ChoCh) and the trendline was broken by forming an LL which then returned to the trend line of bullish continuation with target R1: 189 and R2: 210
This trend prediction supported with indicator belows:
- golden cross on 0 MACD
- stochastic on reasonable number
- %D line crossing %K line on DMI
Applying Technical Analysis in multiple time frames: $ADROMonthly
• Trend and momentum using Joe Rabil Method:
- From LL in Dec 2015, price has made 2 LH and 1 HH but it is still in presumptive uptrend. It will become uptrend if it breaks 4250.
- Price is above 18-month MA and 40-month MA and both MAs are rising but no separation yet
- MACD made 0-line reversal and is up
• Elliot Wave Method: None
• Harmonic Trading Method: Mapping: Bearish Deep Crab - 1.618 @ 4460
Weekly
• Trend and momentum using Joe Rabil Method:
- From LL in May 2023, price is























