Here we can see the potential movement for SIDO, I created a downside target as well as an upside target that you can look out for. for the downside I made a target from the formation of a bull flag pattern, and for the upside target I used fibonaci and also elliot waves.
SIDO Oversold. Initiate buy. Selot selot from 640 to 300 SIDO patterns resemble with ACES. Super Downtrend with potential rebound. Disclaimer On
Hello Fellow Stock Traders, Here's a Technical Analysis of SIDO! Industri Jamu & Farmasi Sido Muncul (SIDO) has demonstrated significant price development by breaking out of its bearish channel. This price action indicates the beginning of a bullish trend in the stock, accompanied by a bullish candlestick pattern and increased trading volume. Moreover, the...
SIDO. D1. Descending broadening wedge pattern. TP1 785 TP2 860 SL 695 Entry can be done at the last closing price or we can wait until the next swing low after retracement.
SIDO . Weekly TF. Now at support. Will it be up or down? Will the support bounce it back or it can not hold the bear preasure? In my opinion, it probably will bounce. Scenario A to create the first lower low after it broke down the trendline.
IDX:SIDO aka Sido Muncul is a publicly listed herbal medicine and food products company based in Semarang, Indonesia, established in 1940. It produces and markets a variety of consumer products related to herbal medication, such as the jamu Tolak Angin. IDX:SIDO stock is still in a bullish trend, this is a good opportunity to accumulate buying near the support...
SIDO's long position from Q3/2021 to the end of Q1/2022 This year we made a profit of 53%. In the midst of the pandemic, This company is growing very fast. They recorded extraordinary financial reports. www.idx.co.id When the fundamentals align with the technicals it is a very good opportunity. Technically, it's time to take profit! While sentiment and...
Reported to have an increase of 21% profit in Q2, this herbal company shows consistently good results. EPS keeps increasing YOY, and currently sits at 33. It is offering a dividend yield of 3.93%, and having PER 23.90x, PBV 7.59x, and ROE of 31.74%. It has relatively low DER of 13.53% with current ratio of 225%, quick ratio of 396.76%, and current ratio of...
Fundamentally good stock, but now is experiencing sideways trend since the recovery from the correction on March 2020. But, we'll see if it can break the resistance line of IDR 765/share or the fibonacci retracement level of 1.
Entry ketika harga berhasil tutup di atas resistance.