ADRO in Squeeze ModeAfter long rally, at the moment ADRO's movement is in ranging area. Potentially, it will continue its rally as long as it can break out 2370 with significant volume. Otherwise, price will drop down to 1960.
Note that big market movers are still in accumulation mode since Jan 12th 2022.
Ihsg
IHSG bull trend is almost end!I try to analize using Elliot Wave perspective, and it seems like the bull trend is almost over..
YES, it could be reach to the psychological level of 7000 or maybe more 7200-7300, but for now the risk is greater than the reward..
The correction to 5000 ish level or lower can happen anytime..
We are in the end of wave 5 of 5..
And if we take a look into the fundamental event, it almost match perfectly, The Fed is going to increase the rate soon...
So.. Please tighten your seat belt
Q1 2022 IDX Targets 6902 - 7020Bullish run projection in Q1 2022 for IDX after a failed window dressing in December 2021.
DISCLAIMER ON
This analysis is not financial advice. Please note that you are responsible for your own investments. This chart only represents my opinion and view about the stock market in general and may be used only for educational purposes.
INKP: BROADENING BULLISH IN PULP & PAPER INDUSTRYHello traders,
Here's the roadmap of Indonesia Stock INKP
- INKP Has Broken Descending Broadening Wedge Pattern
- Trend Transitioning Indicated by Higher Highs and Higher Lows
- MACD crossed over from below 0, showing potential momentum change
Enjoy!
The roadmap will be invalid after exceeding the support/target level
*DISCLAIMER:
This isn't a recommendation to buy or sell, only an Outlook from technical perspective.