ICBP: WILL INDOMIE LEAD THE BULLISH OF CONSUMER SECTOR?Hello Stock Market Enthusiast! Here's Long-term outlook for ICBP , Support the Channel by smashing the FOLLOW and LIKES Button, then Share your opinion on the Comment Section below :)
*ICBP created a Descending Broadening Wedge pattern on Daily Timeframe
*ICBP has broken out of the Descending Broadening Wedge which indicates a potential bullish movement ahead
*MACD indicator already crossed up above the zero level area, that signify the stronger bullish momentum may remains in the future.
The roadmap will be invalid after exceeding the support/target level
*DISCLAIMER:
This isn't a recommendation to buy or sell stock, only an Outlook from technical perspective.
BBCA
LPPF: RETAIL INDUSTRY RECOVERY AHEAD?Hello Enthusiast Stock Traders! Here's Long-Term Outlook for LPPF , Support the Channel by Smashing Follow & Like Button, also Share your opinion on the comment section below!
LPPF is breakout of the Falling Wedge Pattern. Breakout of the falling wedge pattern is a confirmation of potential bullish movement. The momentum indicator already crossed above the zero level area, it could indicate a potential bullish bias ahead.
The roadmap will be invalid after exceeding the support/target level.
*DISCLAIMER:
This isn't a recommendation to buy or sell stock and only an Outlook from technical perspective.
ISSP: WILL STEEL PIPE INDUSTRY THRIVE IN THE INFLATIONARY ERA?Hello Enthusiast Indonesia Stock Traders! Here's Long-term outlook for ISSP , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)
ISSP has broken out of descending broadening wedge pattern and rejected the ema 90 as the potential support and invalidation area. The momentum indicator has crossed above the zero level area, it could indicate a potential bullish indication for ISSP.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the stock.
INKP: NEW LONG OPPORTUNITY ON PULP AND PAPER INDUSTRY?Hello Enthusiast Stock Traders! Here's Long-Term outlook for INKP , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)
INKP broke out of the falling wedge and retested the upper trendline. The MACD already crossed above the zero level area, it signify the potential upside movement ahead.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the Stock.
TBIG:WIDE RANGE BULLISH CHANNELING, BULLISH BIAS AHEAD?Hello Enthusiast Stock Traders! Here's Long-Term outlook for TBIG , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)
TBIG has broken out of the wide range bullish channeling. This could be an indication of potential bullish movement ahead. The MACD already crossed above the zero level area, it signify the potential upside movement ahead.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the Stock.
BJBR: FALLING WEDGE, REGIONAL BANKING BULLISH POTENTIAL?Hello Enthusiast Stock Traders! Here's Long-Term outlook for BJBR , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)
BJBR has broken out of the falling wedge pattern. This could be an indication of potential bullish movement ahead. The MACD already crossed above the zero level area, it signify the potential upside movement ahead.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the Stock.
BBRI: SIGN OF OPTIMISM IN INDONESIA BANKING STOCKS?Hello Enthusiast Stock Traders! Here's Long-Term outlook for BBRI , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)
BBRI has broken out of the falling wedge pattern. This could be an indication of potential bullish movement ahead. The MACD starts crossing near the zero level area, it signify the potential upside movement ahead.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the Stock.
EXCL: Potential Bull on Mobile Telecommunication Industry!Hello Enthusiast Stock Traders! Here's Long-Term outlook for EXCL, Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)
EXCL has broken out of the bullish flag and retested the upper trendline. The MACD already crossed above the zero level area, it signify the potential upside movement ahead.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the Stock.
ASII: INDICATION OF AUTOMOTIVE INDUSTRY RECOVERY AHEAD?Hello Enthusiast Stock Traders! Here's Medium-Term outlook for ASII, Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)
ASII has broken out of the Descending Broadening Wedge Pattern Impulsively. The MACD already crossed above the zero level area, it signify the potential upside movement ahead.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the Stock.
PMMP: INDICATION OF RECOVERY ON CONSUMER GOODS STOCK?Hello Enthusiast Stock Traders! Here's Long-term outlook for PMMP , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)
PMMP is breaking out of the Wide Range Falling Wedge Pattern. Breakout of Falling wedge pattern could indicates the possibility of bullish movement. The momentum indicator already crossed above the zero area, it signify the potential bullish bias ahead.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the Stock.
LPPF: BREAKOUT DBW, WILL IT BE THE RAISE OF RETAIL INDUSTRY?Hello Enthusiast Stock Traders! Here's Long-term outlook for LPPF, Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)
LPPF is breaking out of the descending broadening wedge pattern. Breakout of descending broadening wedge pattern could indicates the possibility of bullish movement. The momentum indicator crossed above the zero area, it signify the potential bullish bias ahead.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the Stock.
MYOR: BREAKOUT CHANNELING, INDICATION OF BULLISH TREND AHEAD?Hello Fellow Traders, here's your free outlook for AUDUSD! Don't forget to smash the LIKES, COMMENT, and FOLLOW button to support the channel :)
MYOR broke out of the flag pattern. Breakout of flag pattern indicates the possibility of bearish movement.The momentum indicator is crossing upward above the zero area, it signify the potential bullish movement to the target area.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the MYOR
BBRI: INDICATION OF POTENTIAL BULLISH TREND ON BANKING SECTORSHello Enthusiast Stock Traders! Here's Long-term outlook for BBRI , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)
BBRI has broken out of the Falling Wedge Pattern. Breakout of Falling Wedge could indicates the possibility of bullish movement/reversal ahead. The momentum indicator already crossed above the zero level, it signify the potential upside movement to the target area.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the stocks.
ARTO: IS IT THE DIGITAL BANKING POTENTIAL UPSIDE MOVEMENT?Hello Traders, here's your free outlook for ARTO! Don't forget to smash the LIKES, COMMENT, and FOLLOW button to support the channel :D
ARTO is creating the bullish flag pattern. Breakout of Bullish flag is indicating the possibility of upward movement to the target or resistance area. The momentum indicator is crossing up above the zero level. Therefore, there is potential upside movement to the target area.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the stock.
UNTR: INDICATION OF RECOVERY ON HEAVY INDUSTRY SECTOR?Hello Traders, here's your free outlook for UNTR! Don't forget to smash the LIKES, COMMENT, and FOLLOW button to support the channel :D
UNTR is creating the base pattern after breaking out of bearish trendline. Breakout of bearish trendline is indicating the possibility of upward movement to the target or resistance area. The momentum indicator is also pointing up in the neutral area,indicating potential bullish bias to the target area.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the stock.
PRDA: IS THERE ANY UPSIDE POTENTIAL LEFT IN HEALTHCARE SERVICES?Hello Traders, here's your free outlook for PRDA! Don't forget to smash the LIKES, COMMENT, and FOLLOW button to support the channel :D
PRDA is creating the bullish flag pattern. Breakout of Bullish flag may occurs in the near future,indicating the possibility of upside movement to the target/resistance area. The momentum indicator is pointing up in the neutral area. Thus, there is a potential upside movement to the target area.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the stock.
BBCA BearishHi, I am a complete beginner at chart analysis here so please be patient with me, and every inch of feedback is much appreciated.
BBCA seems bearish as we can identify a symmetrical triangle, which is supported by an inverted cup and handle pattern, supporting a bearish trend .
We can see that from the beginning of January, selling volume has for the most part out numbered buying volume , which further indicates the bears being in control.
I have indentified the support and resistance areas in both green and red respectively.
I used the fibonnaci retracement to try and determine where prices are likely to range next, which is shown in the grey area.
MACD indicator shows that the bears are in control too (hovering below the 0 zone) and the stochastic indicator indicates that is it currently oversold / underbought.
It seems to me that BBCA is bearish in the short to medium term according to my technical analysis and all the indicators I am using.
However, fundamentally we know that BCA is planning a 1:5 stocksplit soon which may drive up retail purchases of the stock once it has been split. Understand that BBCA is a bluechip firm and thus there is strong demand for it, as it is seen as a strong and viable company to own.
It is in my idea that BCA wants to drive up retail purchases so that it can compete with the newly formed Bank Jago ( ARTO ).
Would I trade this stock in the short to medium term? No, I would not.
Thank you, and I would love to hear your thoughts.
Tl;dr: BCA is currently bearish
Harmonic pattern on BBCA stocksHere, I see that there is a harmonic pattern called a bullish gartley that could possibly happen to the shares of BBCA, one of the banks with a large market cap in Indonesia. I'm also looking for strong support areas that can hold the price from falling down and on the chart we can see that there is a base area there and that area is close to the Fibonacci extension from the previous swing. Stochastic has also shown oversold. the price may reverse direction. but remember, you still have to be careful to manage the risk and you are against the trend
The risk is in your hands
BBCA Buy on BreakoutWeekly Chart > Indicator: MA100 & 200, MACD & Stochastic Default Setting
- MA > The last price in weekly chart moving above MA100 and the MA100 moving above MA200, which mean the price still moving in the good uptrend side
- Stochastic > Down to over sold area
- MACD > MACD line cross down the signal line in positive area and the histogram seen negative
Daily Chart > Indicator: MA100 & 200, MACD & Stochastic Default Setting
- MA > Price moving in the uptrend area but is experiencing sideways in several weeks due to ATH resistance
- Stochastic > Over sold
- MACD > Sideways signal and small histogram
Fundamentals :
Income Statement > BBCA income summary shows a relatively stable increase even though in 2020 there was a decrease in net income from the previous year
www.investing.com
Strategy :
Buy BBCA when Weekly Chart breakout from the resistance area which will be retested the price in the 35600-36975
Purchases can be made for 1-2 ticks above the resistance area in anticipation of a false breakout and place a stop loss if necessary
The Fibonacci cluster line shows the resistance area after the breakout will occur in the 45800-47775 area and can be used as a profit target
DISCLAIMER :
- All material contained in this content is for educational purposes
- We are not responsible in your loss or gain
- Always do your own research
- Always understand the markets are very risks and please use financial management for your investments
BBCA.JK Full Year 2020 Result : slightly above expectationNews just come in from the authority that BBCA.JK posted FY20 Net Profit of IDR 27.1 Trillion (-5.0% YoY), down 5% from last year.
Since BBCA is in Banking Sector, It is on asset Quality parameter, NPL (Non Performing Loan) ratio increased from 1.3% last year to 1.8% in FY20. It is worth to note that coverage ratio increased from 189.2% at 2019 to 260.9% in FY20.
key note :
Loan growth
-2.5% YoY
+1.2% QoQ
Deposit growth
+19.3% YoY
+7.7% QoQ
LDR
Dec-20: 65.8%
Sep-20: 69.6%
Dec-19: 80.5%
Gross NPL
Dec-20: 1.8%
Sep-20: 1.9%
Dec-19: 1.3%
NIM
Dec-20: 5.7%
Sep-20: 5.8%
Dec-19: 6.2%
My position still Bullish for BBCA.JK. With target 37000 or above.
BUY : 34925
Target : 37000 or above
SL : 33625
Disclaimer : I am not a finansial advisor and I do not give any financial advise. This is purely my analysis and due diligence. All profits and losses caused by following my post are at your own risk. I do not take any responsible for your trade.