Ihsg
TCID Technical Analysis - Expect Reversal Based on elliottwave theory, I am confident enough to say that the bearish trend is almost over. A zig-zag correction pattern is formed from a-b-c label, the price also hover around strong support range. I think the accumulation phase is happening now.
RSI indicating bullish divergence. Let's see if price can hold above MA 50 and MA 100 in coming weeks.
Cheers happy investing !
IHSG ROADMAP PREDICTIONIHSG got their bullish momentum as well. As we can see, lattest the price action just got up early and it break its own trendline. And it is a sign that the index itself will taking off imadiately. (And test the resistance area)
Well, i just got my research done on some IHSG's stock cart and i just found, most of them has continuation pattern like Pennant, simetric triangle and ascending triangle pattern.
So for final resume, i predict that IHSG will get some retracement before it ready to take off.
Disclaimer : Do with your own risk and be wise. Happy trade and investing.
WKST OTW GAP AREA IDN STOCKSWKST IS MAKING AN ABCD PATTERN OR PRIMARY - SECONDARY -PRIMARY AND NOW SHOULD MAKE A SECONDARY REACTION BEFORE GOING UP TO ITS TARGET PRICE AT 940 ~ 1010 AREA.EVEN THOUGH THE WEEKLY CHART IS BEARISH TREND, WE CAN PLAN A SHORT TERM TRADE (AFTER THE SECONDARY REACTION IS CREATED OR WE HAVE TO DECIDE WILL THE MARKET DIRECTLY GO TO 940 - 1010 AREA?, WE CAN USE SMALLER TIMEFRAME AND SEE THE CANDLE MOVEMENT TO DECIDE (PROFESSIONAL ONLY!) , BECASUSE 940 ~ 1010 AREA IS A GAP AREA WHICH WE BELIEVE GAP AREA MUST CLOSE!