Coal Mining Stocks: Trend Reversal into Bullish Again!Hello Fellow Stock Traders, Here's a Technical Analysis of HRUM!
HRUM has successfully surged beyond the confines of its previous bearish trendline, a development that augurs a compelling potential for a trend reversal on the horizon. This optimistic momentum is further underscored by the notable ascent above the EMA200 line, a key technical indicator. Notably, this ascent is accompanied by the emergence of a distinct bullish flag pattern, which is often perceived as a harbinger of positive p
UNTR for Long Position while wait for the dividend?- Closing price as per Sept 15th, 2023 UNTR Rp 28.425 (+3.74%) with a full body candle and prevail above EMA 200. At the same above 61.8% (Rp 27900) Fibonacci level.
- There is still a GAP after Dividend cum date last April 2023.
- Pay attention whether there is a correction on Monday September 18th, 2023, could be a good deal to open position for swing and wait for the dividend + capital gain
DISCLAIMER ON
MBMAMy analysis could be bias as i already bought this stock at 750.
Firstly, I see massive net foreign buy at around 700 - 730 which was very near horizontal strong support (700). Very attractive low risk for Long position as i see cup and handle pattern in the making. I believe MBMA will go up to touch its last high price at 955. I put around 50% of my swing trading portfolio in here.
GOTO DOWN -85%? Honestly, one of the companies IDX:GOTO that was waiting for the increase in 2022 and the IPO was postponed in 2021 due to covid and now after the IPO it has dropped 85%.
there will be a scenario that I make if it will make a double bottom then there will be an increase after that and return to the 129 area again.
BEEF - POWER PLAYI bought my positions today
August 25, 2023
The reasons:
1. Low-risk entry point
2. The stock is up >100% in less than 8 weeks
3. Corrected the least during the pause, less than 25% correction
4. Volume dries up as a sign of less supply coming to the market
5. High alpha stock with a low standard deviation
6. It has VCP characteristics
7. Huge volume on the breakout
8. The theme: Power play. The setups work well in this current market environment
The flaw:
No identifiable flaws thus far
Th
KAYU - POWER PLAYI bought my positions today
July 31, 2023
The reasons:
1. Low-risk entry point
2. The stock is up >100% in less than 8 weeks
3. Corrected the least during the pause, less than 25% correction
4. Volume dries up as a sign of less supply coming to the market
5. High alpha moves with a low standard deviation
6. Power play on top of a power play
The flaw:
Lack of volume on the breakout
I like to see the stock moves constructively in the upcoming days.
KLong























