Buy when there's blood in the streets, SIDO Market Outlook!Here we can see the potential movement for SIDO, I created a downside target as well as an upside target that you can look out for.
for the downside I made a target from the formation of a bull flag pattern, and for the upside target I used fibonaci and also elliot waves.
BIKE - CUP WITH HANDLEI bought the stock
July 8, 2024
Reasons:
1. Low-risk entry point
2. Confirmed stage 2 uptrend
3. Has defined a classic C&H formation
4. It moves strong in the opposite side of market direction in its cup development
5. High relative strength
6. Huge volume on the breakout
Flaws:
1. The market is still in a hard-penny environment with only 23% of total stocks above the 200-day MA
2. Very less stocks setting up a buy-able area
I'm still trading small until I see some traction in the market.
PDPP (VCP - 6W 14/4 3T)I bought my positions today
July 11, 2024
Reasons:
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 +88% while the index gone sideways on ytd.
5. High relative strength
6. Volume dries up as less supply coming to the market
7. A huge volume on the breakout
Flaws:
1. The market is still in a hard-penny environment, not much confirmation from the momentum stocks with only 23% of total stocks a
INCO - Potential forming Gartley on Daily (VERY SPECULATIVE)This is VERY VERY SPECULATIVE PREDICTIONS on Gartley Pattern forming on Daily timeframe for INCO.
This prediction assuming price will complete the pattern although still in very early stage.
So take the predictions with lots of considerations based on your own research.
INCO is undergoing rights issue, and the rights issue price is 3050, so still way below current price.
There might be possibilities price will drop to 3050 as well which will invalidate this prediction.
27 June is last day for
INCO - Potential BAT pattern on Weekly (VERY SPECULATIVE)This is VERY VERY SPECULATIVE PREDICTIONS on BAT Pattern forming on Weekly timeframe for INCO.
This prediction assuming price will complete the pattern although still in very early stage.
So take the predictions with lots of considerations based on your own research.
INCO is undergoing rights issue, and the rights issue price is 3050, so still way below current price.
There might be possibilities price will drop to 3050 as well which will invalidate this prediction.
27 June is last day for exe
EXCL - IDX XL Axiata outlookEXCL has excellent fundamentals. From year to year the company grows and it is still possible to penetrate and develop services, for example the entry of XL Home to various regions in Indonesia. then also the issue of the LINK merger with XL Axiata and FREN, I think it will be a very good catalyst. where the company's expenses will be reduced and the combination of customers will generate profits for the company. Apart from that, EXCL leaders have carried out a lot of communication to collaborat























