INDFPattern : Head & Shoulder
Potential breakdown to 6200 level, starting downtrend which confirm by MACD (down to ZERO level)
Recommendation:
Stay away from now (since we cant short this stock at IDX)
#plan_trade_repeat
ShortShort
NCKLPattern : symmetrical triangle
Try to penetrate the trend line at level 985
If break, there are potential upside to 1255 level (gradually from 1020, 1075, 1155 to 1255)
MACD : try to go up to 0 level
Recommendation:
BUY: if break 985
Sell: as mentioned above
STOP loss: 3-5% from purchase price
Disclaimer:
this recommendation is made based on technical analysis, all decision to buy/sell is on traders/investors
#plan_trade_repeat
Long
Adaro Energy Indonesia TBK. Week#36Adaro still in a great volume
Our next target is IDR2710
Support at IDR2660
Long
AVIA- waiting for breakoutit's seen that AVIA clearly has divergence between the price and MACD
Based on experience, if a stock experience the divergence between price and some indicator (in this case is MACD), this stock will bounce back again to its level making a HH and HL
but to confirm this, we need to wait until the trend penetrates 610 level at the minimum.
patience is the key for profit =D
#plan_trade_repeat
$MTEL to 760I think MTEL is bullish because it takes sellside and provide an orderblock at weekly timeframe
Long
AKRA break bearish trendlineCurrently, the holder was accumulated the shares. Enhance with trend of energy which tend to rise near end year, it is ideal time to start long position.
Long
BIKE - POWER PLAYI bought my positions today
August 28, 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. A base reset to a proper and crisp pivot on PP setup
7. Huge volume on the breakout
8. The theme: Power play. The setups work well in this current market environment
The flaw:
No ident
Long
KLBFDivergence between price and MACD
Action:
Buy - if the price break up the below band of BB at 1890 at the minimum
Sell - 2020
Stop loss - 3-5% from buy price
#Disclaimer_on : this recommendation is based on technical analysis, all buy/sell decision based on your own risk appetite
Long
RALS : BUY - Buy on Support27-08-2023
When RALS shares start to enter the 560-550 range, it is a quite interesting entry range. Consider it an area entry. next another interesting entry range is 520-500. Usually after reaching the 500 level, RALS will reverse direction and strengthen towards the 700 level +23%
The Q2 performance was also quite good, if it continues then it could be the next booster for RALS to reach prices before being affected by covid (RALS > 1000 + 76%).
Entri 1 : 560-550
Entri 2 : 520-500
Short : 7
Long
Mitra Pinasthika Mustika, tbk. Week#35Too soon to say that Mitra Pinasthika Mustika, TBK entering the bullish trend,
Because it closed below IDR1035 and still below the cloud.
Even so, we'll add some of it's shares next week, because of it's volume indicator comforming
Long
Long
PDPP - CUP WITH HANDLEI bought my position today
August 8, 2023
Reasons:
1. Low-risk entry point
2. Coming from a classic cup and handle
3. Good shakeout on the handle area
4. High relative strength line
5. It is in a confirmed stage 2 uptrend
6. Volume dries up, indicating less supply coming to the market
7. Huge volume on the breakout
Flaw:
No identifiable flaws this far
I'm expecting some follow through and constructive price action in the upcoming trading days.
Long
BABPada kemungkinan rebound di fib.0.618, entry area 85-88, dan moga-moga digoreng ke TP di 102.
tetap hati-hati karena posisi SL cukup dalam.
Long
JPFA DAILY BULLISHBreak monthly trendline and Retest monthly trendline
trying to make retest if break resistance it will be bullish signal
if not it would be continue bearish as a monthly view
Long
Bank Tabungan Negara (BTN / IDX:BBTN) is still bearishENGLISH:
Bank Tabungan Negara (idx:bbtn) is trying to get out of the yellow resistance's line, with direction to the white resistance's line or 1470 IDR. If the market successfully break out the white resistance and continue above the white line then the market is likely to be bullish again. But if it will be failed, the market will continue bearish to 850 IDR. This is strong support and can make market rebound to 3400 IDR. The analysis uses combination of the bat harmonic, falling wedge, and f
