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BJTM 13%+ INDONESIA STOCKS EXCHANGEWE KNOW THAT DOW THEORY IS PRIMARY SECONDARY AND PRIMARY AGAIN THE MARKET ALREADY SECONDARY REACTION AND NOW BJTM IS MAKING A BASE, A BASE IS LIKE A CAGE WHICH THE PRICE TRAP INSIDE THE CAGE, WE HAVE TO WAIT THE CONFIRMATION OF THE BREAKOUT OF THE CAGE, IF BREAKOUT THAN THE PRICE WILL RALLY MAKING HIS PRIMARY REACTION AGAIN, THE TARGET PRICE AREA WILL BE 750 - 770 AND WHY A GREEN LINE AT 720? WHY THE TARGET PRICCE 750 - 770? THE REASON IS SIMPLE, THE GREEN LINE PRICE PROFIT AREA IS BY USING FIBONACCI PRICE PROJECTION (AB = CD) AND IT STOP AT 720, SO IS THE GAP AREA, WE CAN SEE 750 - 770 IS AN OPEN AND CLOSING GAP AREA WHICH CLUSTER TO FIBONACCI AB = CD STOPLOSS AREA 630 WHY? BECAUSE IF WE BUY AT BREAK OUT AREA, AND THE PRICE ISNT CAPABLE TO RISE, AND DROP TO THE BASE (CAGE) AGAIN AND ALSO BREK THE BOTTOM OF THE BASE WE CAN ASSUME THAT SUPPLY IS MUCH HIGHER THAN THE DEMAND DISCLAIMER ON!
IDX:BJTMLong
by RupinGoh
IDX PGAS : ELLIOTT WAVE ANALYSIS EXPLANATION AND HOW TO USE IT.ELLIOTT WAVE HAVE 5 WAVE BEFORE DO HIS CORRECTIVE WAVE, PGAS CURRENTLY IN WAVE 3 TO 4 ELLIOTT WAVE, WAVE 1 - 2 ALREADY VALID @0.618 ELLIOT WAVE, WAVE 2-3 VALID 1.618 WE HAVE TO WAIT THE SECONDARY REACTION OF WAVE 3 - 4 @0.382 AND WE CAN ENTER AT THAT POINT WITH BULLISH HARAMI CANDLESTICK (THE INSIDE BAR) OR HAMMER, ENGULFING WHATEVER IT IS FOR THE ENTRY AND WAVE 4 - 5 LENGTH HAVE TO BE SAME WITH WAVE 1 - 2 (AB = CD) WE CAN MEASURE WITH FIBONACCI EXTENSION (HARMONIC PRICE PROJECTION) FROM WAVE 0 = A - WAVE 1 = B , AND THE WAVE 4 = C WE CAN SEE THE PRICE WILL STOP AT 2185 AFTER REACHING THAT POINT SHOULD BE A CORRECTIVE WAVE THIS IS A TUTORIAL OR A SIMPLE WAY TO KNOW OR USE ELLIOTT WAVE NO POINT OF ENTRY! JUST A LESSON FOR WAVE ANALYSIS
IDX:PGAS
by RupinGoh
KAEF BULLISH PENNANT IDONESIA STOCKS EXCHANGEA BULLISH PENNANT IS A PATTERN OF CONTINUATION, KAEF ALREADY FORMED AND BREAK THE PENNANT TRENDLINE, WHICH WILL LEAD KAEF TO AROUND 3750-3800 FOR THE FIRST TARGET PRICE. BEFORE START BULLISH IT MIGHT BE A PULL BACK TO THE AREA I MARK WITH A BLUE RECTANGLE (@3300~) IDX:KAEF THE FIRST TARGET PRICE IS 3750 - 3950 (REASON: PENNANT TARGET PRICE) THE SECOND TARGET PRICE IS 4170 - 4240 (REASON : FIBONACCI XAY : 1.618 CLUSTER WITH HARMONIC PRICEPROJECTION (HPP) : 78.6%) THE LONG TERM IF THE TARGET PRICE ALL TIME HIGH WILL BE 4860 - 4970 (XAY : 2.618 CLUSTER WITH HPP : 1.272) THE STOP LOSS AREA : 3090 DISCLAIMER ON!
IDX:KAEFLong
by RupinGoh
TLKM - BULLISH REVERSAL - DOW THEORY (INDONESIA STOCKS EXCHANGE)TLKM BULLISH REVERSAL AFTER SEVERAL ROUGH MONTHS OF ITS BEARISHNESS, TLKM START REVERSE TO BULLISH, FROM DOW THEORY WE KNOW THAT MARKET MOVE IN A PRIMARY, SECONDARY AND FOLLOWED BY PRIMARY AGAIN JUST LIKE AB = CD, TLKM ALREADY DO HIS PRIMARY AND SECONDARY BULLISH REACTION, NOW TLKM START TO FORMING HIS PRIMARY REACTION WHICH WILL LEAD TLKM TO AROUND 3700 - 3720 WHY THAT AREA? THE REASON IS 1. WE CAN SEE A GAP AROUND 3700 2. THE GOLDEN RATIO OF 1.618 FIBONACCI EXTERNAL RETRACEMENT ALSO STOP AT 3720 (XAY). SO THE FIRST POINT AND SECOND POINT CLUSTER AT THE SAME TIME CUT LOSS AREA SHOULD BE 3150 REASON : 2ND SWING LOW ALREADY MAKE A HIGHER LOW AND IF BREAK THE FIRST LOWER LOW THEN IT MIGHT GO TO 3060 AND GO UP TO CHASE THE 3700 TARGET 3060 IS THE AREA OF FIBONACCI XAB FOR THE FIRST PRIMARY OF THE BULLISH DISCLAIMER ON !
IDX:TLKMLong
by RupinGoh
INDONESIA BANK BMRI With FALLING WEDGE and DOUBLE BOTTOM PATTERNINDONESIA STOCKS MARKET BMRI (BANKING SECTOR) En : The red candle on 30 Sept shows us that already hit fibonacci external retracement on 1.272 (False break area) that means Double bottom in on the way, And if we put a trendline it shows us the chart formed a pattern called falling wedge so this 2 strong patterns will lead BMRI to minimum : 5450 the reason is because we use the past (nearest) classic resistance and second target price will be on 5825 this is fibonacci 1.618 external retracement and the third target price will be on 6225 to 6325 area this is Falling wedge pattern target price, and the reason of buying is because on 1st Oct the closing price is Bullish MAROBOZU CANDLE, and 2nd Oct the Closing price is a BULLISH HAMMER . Thankyou! SAHAM BANKING BMRI ID : Candle merah pada 30 September sudah mencapai titik fibonacci 1.272 (area false break itu terjadi) menandakan double bottom akan terjadi, dan jika kita mengaris trendline chart akan menunjukan pembentukan pattern yang disebut falling wedge , jadi 2 pattern yang sangat kuat ini akan mengarahkan BMRI ke min 5450 target dengan alasan classic resistance sebelumnya price ke dua adalah di 5825 target price ini di fibonacci 1.618 external retracement dan target ke 3 pada BMRI ini adalah di 6225 - 6325 area tersebut adalah titik target price fallingwedge pada umumnya, dan alasan pembelian ini dikarenakan pada tanggal 1Oct clossing price nya adalah candle MAROBOZU BULLISH , dan pada 2Oct closing pricenya adalah Bullish hammer . sekian dan terimakasih
IDX:BMRI
by RupinGoh
4
BRIS VCP MinerviniDalam bukunya minervini disebutkan tentang metode VCP nya minervini, di pergerakan BRIS ini dapat dilihat BRIS sedang uptrend. Periode uptrend walau tidak panjang tetapi cukup lama dengan volume yang standar dan tidak signifikan berbeda. Lalu kita lihat pola bar harian membentuk Symetric triangle, dengan volume yang terus menurun menunjukkan supply demand menurun. Ini yang disebut Volatility Contraction Pattern, lalu menurutstrategi Mark disiapkan posisi di atas break out dan stop loss di siapkan di triangle bawah dengan nilai maksimal 10%, lalu persiapan untuk Target price 30% setelah breakout dengan sell position di 20-30% dari total porto.
IDX:BRISLong
by zidniagni
2
IDX dropping like a stoneHello, thanks for viewing. I was going to post this last week, but thought no one probably cares. I put a lot of time into these, now I can't see how many people have viewed, and I get little feedback. Anyway, spent the day reading story headlines like "Asian shares bounce on strong US open". Totally out of sync with what is happening here in Indonesia. In a few days Indonesia enters a second lockdown. Nothing like the first lockdown - or lockdown "lite" - as I called it. When the streets were still busy and every 4th person wasn't following protocols. Now it's a lockdown because the hospital system HAS reached maximum capacity. There is no back-up healthcare capacity to bring online. It is very rare to talk to anyone here who is taking the situation seriously. Most of the businesses that continued during the first "soft" lockdown will be closed and access to the main airport will be heavily curtailed as of Monday. I'm not saying this with glee - I am caught up in all of this and everyone who hasn't taken it seriously is an obstacle to my family's best interests. Long story short, there will be a huge and bitterly painful reduction in employment locally. The ability to buy (or sell) physical gold will be postponed. The government's deficit will balloon (it is already much larger than even recently forecast) and be financed by printing a LOT more of "the worst performing currency in Asia in 2020". Ok, I am not getting into what happens medium and long term; - Short-term though revenue reductions in all but a few FMCG consumer goods producers, health, and essential services. - A large up-tick in non-performing loans (even as recently as late 2019 many banks were approved to hold significantly reduced capital requirements) so this is going to sting. There are already a number of large non-performing loans on the books, but they have not been called in as yet. Once you call them in, you lock in the loss caused by years of bad underwriting and oversight. Well, the banks will be forced to take those losses now. Any residual collateral will be called in and liquidated (at the bottom of the market). Aircraft, property, permits, mining concessions. The other reason that non-performing loans haven't been called in already is that the government has supported banks to suspend loan repayments. That's all good if the time-horizon is short. If it continues for 9 months, 12, 15, well at some point investors will have to face facts - that the loans will never be repaid. - Probably more points but I should really go to bed. Look for a break of the read dashed line at 311ish. If so, we are going much lower, all sorts of things will be uncovered, bankruptcies etc will follow but the market will be on sale for those that choose correctly. Good luck and protect those funds everyone.
IDX:IDX30Short
by flyinkiwi10
2