BBNI: A potential tripple bottom, with theoretical target 5,225
https://www.tradingview.com/x/XHVCzvRx/
Price rebound after a retracement from strong resistance through 4,880-4,750-4,700.
If breaks above 4,700, pattern since Jan2025 may become triple bottom.
MACD and Stochastic shows a divergence on this pattern, gives indication a possible bullish in progress.
This pattern theoretical target price if confirmed is around 5,250.
Prepare your risk management if price breaks below 4,350.
<Disclaimer On>
M. Alfatih, CFTe, CTA, CTAD, CSA, CIB
Trade for Indonesian Stocks with:
Samuel Sekuritas Indonesia
Technical Trading Course -batch9: April 2025 (daftar di star.id/go/ttc2025)
M. A
Price rebound after a retracement from strong resistance through 4,880-4,750-4,700.
If breaks above 4,700, pattern since Jan2025 may become triple bottom.
MACD and Stochastic shows a divergence on this pattern, gives indication a possible bullish in progress.
This pattern theoretical target price if confirmed is around 5,250.
Prepare your risk management if price breaks below 4,350.
<Disclaimer On>
M. Alfatih, CFTe, CTA, CTAD, CSA, CIB
Trade for Indonesian Stocks with:
Samuel Sekuritas Indonesia
Technical Trading Course -batch9: April 2025 (daftar di star.id/go/ttc2025)
M. A
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.