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$DEWA (VCP - 6W 19/6 3T)Position update: July 21, 2025. Key factors: 1. Confirmed stage 2 uptrend. 2. A textbook Volatility Contraction Pattern (VCP) with a clearly defined, low-risk entry point. 3.Currently forming a VCP following a prior price surge of nearly 150%, demonstrating strong momentum. 4. The stock moves on its own drummer, rallying close to 150% while the broader market advanced just 23%. 5. Displays high relative strength, outperforming sector and index benchmarks. 6. Volume has dried up, indicating less supply coming to the market. 7. Significant volume expansion on the breakout. Considerations: Despite a favorable technical setup, risk should be managed diligently given the stock's sharp ascent and potential for profit-taking. Establishing stop-loss levels and monitoring market conditions is essential. This is another quintessential VCP breakout with a clear pivot entry and minimal risk. I’m starting to see increased traction in the market now—a very positive sign to scale up trading size.
IDX:DEWALong
by rifqonr
TAPG (VCP 10W 18/4 3T)Position update: July 9, 2025. Key factors: 1. Confirmed stage 2 uptrend. 2. A textbook VCP setup with a clear, low-risk entry 3. Has absorbed its majority line of supply. 4. The stock moves on its own drummer, hitting an all-time high while the index struggles to reclaim its highs. 5. High relative strength. 6. Volume has dried up, indicating less supply coming to the market. 7. Strong fundamentals, with consistent triple-digit year-over-year earnings growth. 8. Significant volume surge on the breakout. Considerations: Despite a favorable technical setup, risk should be managed diligently given the stock's sharp ascent and potential for profit-taking. Establishing stop-loss levels and monitoring market conditions is essential. This is a quintessential VCP breakout with a clear pivot entry and minimal risk. I’m starting to see increased traction in the market now—a very positive sign to scale up trading size.
IDX:TAPGLong
by rifqonr
BWPT - POWER PLAYIDX:BWPT - POWER PLAY (+) Low risk entry point on a pivot level. Volume dries up. Price has been above the MA 50 for over 10 weeks, with values exceeding 150 and 200 Price is within 25% of its 52-week high. Price is over 25% of its 52-week low. The 200-day MA has been trending upwards for over a month. The RS Rating is above 70 (93). The price shoot up by 147% and paused only for 18%, indicating a strong uptrend EPS Growth: a. Quarterly QoQ: +50.04%. b. Quarterly YoY: +42.82%. c. TTM YoY: +40.10%. d. Annual YoY: +47.25%.
IDX:BWPTLong
by The_small_money
4
BBCA Elliott Wave Analysis: A Potential C-Wave Correction BeforeBased on a technical analysis using Elliott Wave Theory on the weekly timeframe, BBCA stock appears to have completed a significant 5-wave impulsive cycle (a major bullish run) since its 2020 lows. Currently, the price is in an A-B-C corrective phase, which is a natural occurrence after a strong uptrend. The projection suggests a potential for further downside to complete Wave C before initiating the next major bullish cycle. Detailed Analysis 1. Completion of the Impulsive Cycle (Waves 1-5) The chart shows a very clear 5-wave upward structure (marked with green numbers (1) through (5)), which peaked around early 2024. This indicates that BBCA's primary trend over the last few years has been exceptionally strong (super bullish). Wave (1) & (2): The beginning of the uptrend. Wave (3): The longest and strongest upward wave, reflecting high market optimism. Wave (4): A healthy correction that did not fall below the peak of Wave (1). Wave (5): The final push higher that created a new All-Time High, often accompanied by market euphoria. 2. The Current Corrective Phase (Waves A-B-C) After a 5-wave impulse is complete, the market naturally enters a corrective phase, typically consisting of three waves (A-B-C). Wave (A) : The initial sharp decline from the all-time high. This was the first signal that the uptrend is taking a "rest." Wave (B) : A temporary rebound that failed to break the previous high (the peak of Wave (5)). This often acts as a bull trap, where the market appears to be resuming its uptrend but is actually just making an upward correction before continuing down. Wave (C) : This is the final downward leg of the corrective phase. Based on the projection on the chart, Wave C has the potential to bring BBCA's price down further towards a strong support area. 3. Target Projection and the Next Cycle Wave C Downside Target: The area marked by the blue rectangle represents a potential demand zone. Technically, this area aligns with the low of the previous Wave (4), which is in the price range of IDR 7,000 - IDR 7,500. However, a deeper projection as shown in the drawing (towards the IDR 6,000s) is also possible if selling pressure is strong enough. The Next Bullish Cycle: Once this A-B-C correction is complete, Elliott Wave Theory suggests that BBCA is poised to begin a new 5-wave impulsive cycle to the upside. This opens up a very attractive long-term investment opportunity from a lower price point, with targets exceeding the previous all-time high in the coming years. Key Levels to Watch Strong Support (Potential Buy Zone): IDR 7,000 - IDR 7,500. Pay close attention to the price action if it enters this zone. Reversal signals such as bullish divergence or positive candlestick patterns could provide early confirmation that Wave C is ending. Key Resistance (Scenario Invalidation): The peak of Wave (B) around IDR 9,800 - IDR 10,000. If the price manages to break above this level, this A-B-C corrective scenario would likely be invalidated or would have finished earlier than expected. Conclusion In the short term, investors and traders should be aware of the potential for further weakness in BBCA as it moves to complete Wave C. However, this weakness could present a golden opportunity for long-term investors to accumulate. Monitoring the price reaction in the key support zone will be a prudent strategy to potentially catch the beginning of the next major bullish trend.
IDX:BBCA
by BackTraxk8
$CARE - CHEAT AREAIDX:CARE Position Update: August 4, 2025 Key factors: 1. Low-risk entry point. 2. A rebase following a failed cup-and-handle formation, creating a potential cheat setup. 3. A confirmed Stage 2 uptrend, indicating upward continuation. 4. The stock is outperforming, rising even as the broader market trends lower. 5. Displays strong relative strength against the market and peers. 6. Volume dries up suggests less supply coming to the market. 7. Many stocks start showing traction based on my own stock continuum. Considerations: While the breakout was not accompanied by a significant volume surge, it is occurring in the early stages of what appears to be a new bull market cycle. This macro environment may support continued strength and follow-through. I’ll be watching closely to see if it can hold up and follow through from here.
IDX:CARELong
by rifqonr