RALS : BUY - Buy on Support27-08-2023
When RALS shares start to enter the 560-550 range, it is a quite interesting entry range. Consider it an area entry. next another interesting entry range is 520-500. Usually after reaching the 500 level, RALS will reverse direction and strengthen towards the 700 level +23%
The Q2 performance was also quite good, if it continues then it could be the next booster for RALS to reach prices before being affected by covid (RALS > 1000 + 76%).
Entri 1 : 560-550
Entri 2 : 520-500
Short : 700-785
Long : > 1000
Mitra Pinasthika Mustika, tbk. Week#35Too soon to say that Mitra Pinasthika Mustika, TBK entering the bullish trend,
Because it closed below IDR1035 and still below the cloud.
Even so, we'll add some of it's shares next week, because of it's volume indicator comforming
PDPP - CUP WITH HANDLEI bought my position today
August 8, 2023
Reasons:
1. Low-risk entry point
2. Coming from a classic cup and handle
3. Good shakeout on the handle area
4. High relative strength line
5. It is in a confirmed stage 2 uptrend
6. Volume dries up, indicating less supply coming to the market
7. Huge volume on the breakout
Flaw:
No identifiable flaws this far
I'm expecting some follow through and constructive price action in the upcoming trading days.
BABPada kemungkinan rebound di fib.0.618, entry area 85-88, dan moga-moga digoreng ke TP di 102.
tetap hati-hati karena posisi SL cukup dalam.
JPFA DAILY BULLISHBreak monthly trendline and Retest monthly trendline
trying to make retest if break resistance it will be bullish signal
if not it would be continue bearish as a monthly view
Bank Tabungan Negara (BTN / IDX:BBTN) is still bearishENGLISH:
Bank Tabungan Negara (idx:bbtn) is trying to get out of the yellow resistance's line, with direction to the white resistance's line or 1470 IDR. If the market successfully break out the white resistance and continue above the white line then the market is likely to be bullish again. But if it will be failed, the market will continue bearish to 850 IDR. This is strong support and can make market rebound to 3400 IDR. The analysis uses combination of the bat harmonic, falling wedge, and fibonacci.
BAHASA:
Bank Tabungan Negara (idx:bbtn) sedang berusaha keluar dari resisten garis kuning, untuk menuju resisten garis putih diangka 1470 IDR, Jika market berhasil berada diatas garis putih maka kemungkinan pasar akan kembali bullish. Tetapi jika gagal, market akan turun hingga ke harga 850 IDR. Area ini merupakan support kuat yang bisa mendorong pasar naik dan kembali bulish menuju harga 3400 IDR. Analisa ini menggunakan kombinasi pola harmonic kelelawar, falling wedge dan fibonoacci
BMTR bullish divergence using MFIaltough previous analysis showed break out support, currently BMTR was within strong support area. Volume spread show LVT in 4hr timeframe with bullish divergence status. The ideal time to go Long position.
still on the plan for MARKpreviously, MFI showed hidden bullish divergence. currently, show bullish divergence.
Analyze in 4hr timeframe
Biggest bank in IndonesiaATH net income
PE 23.95
PBV 5.16
ROE 20%
DY 2%
Net Income (Quarter YoY Growth) 26.79%
Biggest bank in Indonesia
PANI - CUP WITH HANDLEI bought my position today
August 4, 2023
Reasons:
1. Low-risk entry point
2. Coming from a classic cup and handle
3. Bought initial position at the cheat area
4. High relative strength stock
5. It is in a confirmed stage 2 uptrend
Flaw:
1. My latest personal trades are not working well
2. Stock squat and lack volume on the breakout
I like to see a pivot reset and more constructive action in the upcoming trading days.
VKTR - PRIMARY BASEI bought my positions today
July 10, 2023
The reasons:
1. Low-risk entry point
2. The stock offers the first buyable base after an IPO
3. Tight pivot level/line of the least resistance
4. High relative strength stock
5. Volume dries up before the breakout, a 1-2 punch.
The flaws:
1. The general market is still in correction
2. Most individual setups I personally trade don't work out well in the last two months
The stock closes good and strong on the breakout. I want to see some constructive action in the upcoming days.
hidden bullish divergence MARKMFI show hidden bullish divergence for MARK with rejection signal in support area
ESSA ROADMAPI Believe ESSA in the IDX will go pass 730 and fullfill its target as listed in the pictures above in the coming days/weeks/months.
As the great WD. Gann says, Time is more important than price.
Is ADRO will fall down?ADRO D1
Momentum: Bearish Divergence
Pattern: Bearish Flag
Volume: Bearish Divergence
I think Market Maker still waiting to buy at 1600 - 1895. Let see guys.
BRISAlready entry at 1500
Target on 2150,
continue breakdown it's unlikely imo probably will retrace max. to 1700-1500
Trade safely.
BSDE - PULLBACKI bought my positions today
July 31, 2023
The reasons:
1. Low-risk entry
2. A pullback to breakout level
3. It is in a confirmed stage 2 uptrend
4. It has a high relative strength line
5. A crisp pullback buy point
I start a pilot position today, I like to see some follow-through action from this point.
Adaro Energy Indonesia, TBK. Week#30Early trend, has a room for a false break.
But it has a good volume
We set our target IDR2720, next week
