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PGAS Elliott Wave CountA very interesting company with quickly declining shareholder count, dropping from 93k holders in September 2024 to just 72k in February, and expected to drop even more this March due to IHSG's performance. Additionally, foreign investors have been accumulating for the past year, rising from 17% to 21%. To add even more, local retail ownership of the stock has fallen off a cliff, falling from 15% to just 9% in just a year. I believe we have finished the second wave of wave C. We shall see more improvements in the coming days.
IDX:PGASLong
by MrSparkles69
MUTU - 3 WEEKS TIGHTIDX:MUTU - 3 Weeks Tight (+): 1. Low risk entry point when stock pause 2. Volume significantly drop on week 2, and huge volume on week 1 3. Price above MA 50 > 150 > 200 over 10 weeks 4. Price is within 25% of 52 weeks high 6. Price is over 30% of 52 weeks low 7. 200 day MA trending up over 1 month 8. RS Rating is over 70 (90) 9. High volume on breakout (-) 1. In the text book, 2nd candle on 3 weeks tight is must corrected by 3% but this stock it was corrected by 9%
IDX:MUTULong
by The_small_money
WIFI: Bangkit dari Koreksi! Rebound atau Dead Cat Bounce?Trading langsung melalui TradingView x STAR! Teknikal: • Last: 1935 • Resist: 2170 : 2730 • Support: 1825 : 1550 • Cutloss: < 1550 Sales Note: • WIFI through its brand Surge is a co providing internet connecticity through a fiber optic network along railroad tracks on Java island , partnering with local ISPs via revenue sharing system. • Surge offers affordable (start from IDR100k/month), high quality and unlimited internet access to households located within 1-5km from KAI railroad – this has achieved so far an solid 90% take-up rate. • WIFI owns 6,972km of fiber optic lines along railway tracks and highways in Java. As of 9M24, WIFI owner fixed assets in the form of project equipment worth IDR890bn and more than IDR800bn worth of fiber optic lines . • In 9M24, Surged booked revenue growth of 46% y-y to IDR505bn. The company aims to roll out up to 40mn homepasses in 2025 – this coupled with a conservative 45% EBITDA margin, could translate to more than IDR250bn in profit . • B/S is also manageable, with net gearing of 1.4x in 2024; with potentially increasing debt but reasonable given the exponential revenue growth. • PT Investasi Sukses Bersama (ISB) owns 50.4% stake in WIFI, whereas around 45% of that is owned by PT Arsari Sentra Data (co owned by Hashim S Djojohadikusumo) . • The stock trades at 7x EV/EBITDA 2025E , which is lower than global telco, especially fiber optic names avg of 8x. Anthony Yunus Head of Sales PT Samuel Sekuritas Indonesia __ Jika Anda memiliki pertanyaan, jangan ragu untuk menuliskannya kepada kami di kolom komentar di bawah. PT Samuel Sekuritas Indonesia berizin dan diawasi oleh Otoritas Jasa Keuangan
IDX:WIFI
by SamuelSekuritas
1
BBNI: A potential tripple bottom, with theoretical target 5,225 Price rebound after a retracement from strong resistance through 4,880-4,750-4,700. If breaks above 4,700, pattern since Jan2025 may become triple bottom. MACD and Stochastic shows a divergence on this pattern, gives indication a possible bullish in progress. This pattern theoretical target price if confirmed is around 5,250. Prepare your risk management if price breaks below 4,350. M. Alfatih, CFTe, CTA, CTAD, CSA, CIB Trade for Indonesian Stocks with: Samuel Sekuritas Indonesia Technical Trading Course -batch9: April 2025 (daftar di star.id/go/ttc2025) M. A
IDX:BBNILong
by m_alfatih
Forecasting & Trading Idea for PSAB Based on Support & ResistancCurrent Price Action Analysis PSAB is trading at 262 IDR. Key support levels: 248, 214, 197, 168, 145. Key resistance levels: 282, 302, 336, 420. The price is currently near 248 support, which has been tested before. Trading Idea (Short-Term) Bullish Scenario (Buy Setup) Entry: Buy near 248 - 252 if price shows a bullish reversal. Target: First target 282, second target 302. Stop-Loss: Below 240 (to avoid fake breakdown) Investment Perspective (Mid-Long Term) If price stays above 248-250, it can accumulate and push toward 300+. A strong breakout above 336 will confirm a long-term uptrend. If price breaks below 214, caution is needed for long-term holding. Conclusion Short-Term Traders: Look for a buy setup at 248-252, targeting 282+. Investors: Accumulate near support zones (214-248) with a target of 336-420. Stop-Loss: Maintain a strict stop below 240
IDX:PSAB
by michaelhizkia14
Golden Energy Mines TBK (GEMS.JK) Price ForecastAnalysis: This chart, published on TradingView.com on March 4, 2025, depicts the daily price action of Golden Energy Mines TBK (GEMS.JK), an Indonesian stock listed on the IDX. The chart shows a significant price movement with a breakout pattern, followed by a projected target of 11,575, as indicated by the green arrow. Price Trend and Breakout: The chart captures the stock's price movement from late 2024 to early 2025. Initially, the price fluctuated between 9,000 and 10,000, showing a consolidation phase with several red and green candlesticks indicating volatility. A sharp decline occurred around late January 2025, with the price dropping to a low of approximately 8,825, marking a significant support level. Following this dip, the price began to recover, forming a series of higher lows and breaking above the previous resistance around the 9,000–9,200 range in early March. This breakout is a bullish signal, suggesting renewed buying interest and potential for further upside. Price Target: The green arrow points to a projected price target of 11,575, representing a potential increase of approximately 28% from the breakout level near 9,000. The target appears to be derived using a technical analysis method, possibly a measured move or Fibonacci extension, though the exact methodology isn't specified. The target aligns with historical resistance levels seen around November 2024, where the price briefly touched 11,600 before pulling back. Performance Metrics: The chart notes a +450-point gain, equivalent to a 5.22% increase, likely referencing the price movement immediately following the breakout. This confirms the bullish momentum in the short term. Support and Risk: The 8,825 level, where the price bottomed out, acts as a key support zone. If the price fails to sustain its upward momentum, this level could be tested again. The breakout above 9,200 is critical. A pullback below this level might invalidate the bullish setup, signaling a false breakout. Market Context: Golden Energy Mines operates in the coal mining sector, which can be influenced by global energy demand, commodity prices, and regional economic factors in Indonesia. The bullish breakout might reflect positive sentiment in the sector, such as rising coal prices or favorable government policies, though these factors aren't explicitly mentioned in the chart. Conclusion: The chart suggests a strong bullish outlook for GEMS.JK following its breakout above 9,200, with a target of 11,575. Traders should monitor the 9,200 level as a key support to confirm the continuation of this uptrend, while also keeping an eye on the broader market and sector-specific developments that could impact the stock's trajectory. If the price sustains above the breakout level, the projected target appears achievable based on historical price action and technical patterns. However, a drop below 9,200 could signal a reversal, with 8,825 as the next significant support.
IDX:GEMSLong
by bima
2
BBRI BUY NOW 3350! Support level at 3050-3150BBRI is now probably trade in the end of its deep correction, as on the technical view, by the Elliot Waves count, it is now completing the WAVE 5 of C (it confirmed by the Bullish Divergence on MACD). The price could be be a little lower on the next 1-5 trading days to the 3050-3150, which is the 78.6% fibonacci retracement from broken uptrend. It is really strong support and i believe i would not be broken. For about 6-12 months ahead, aim for minimum target of 30% return from this level. Are you going with me??? CHEEERRRSSS...
IDX:BBRILong
by steveivan
MLPL - LOW CHEATIDX:MLPL - Low Cheat (+): 1. Very Low risk entry point on pivot level 2. Volume dries up 3. Price above MA 50 > 150 > 200 over 10 weeks 4. Price is over 30% of 52 weeks low 5. 200 day MA trending up over 1 month 6. RS Rating is over 70 (93) 7. VCP characteristic 10. Price breakout with huge volume (-) 1. Price is below 25% of 52 weeks high Try to Adding with some basic fundamental about EPS growth: a. Quarterly QoQ: −91.66% b. Quarterly YoY: −71.13% c. TTM YoY: +12.23% d. Annual YoY: −13.30% About fundamental aspect, maybe is time to turn around
IDX:MLPLLong
by The_small_money
Forecasting BBRI1. Key Support & Resistance Levels Strong support: 3,620 – 3,500 Nearest resistance: 4,040 – 4,250 Major resistance: 4,800 – 5,025 Minor support: 3,810 (current price area) 2. Potential Price Movement If the price holds at 3,810 and doesn’t break down to 3,620, there is a potential technical rebound toward 4,040 – 4,250. If the price breaks down from 3,810 and breaches 3,620, there is a risk of further decline to 3,500 or even lower. If the price rebounds from 3,810 and breaks through 4,040, there is potential for an upswing toward 4,250 – 4,510. Entry Ideas & Reasons 📌 Buy Entry Entry Level: 3,620 – 3,810 (strong support area) Stop Loss: 3,500 (in case the price falls further) Take Profit Target: 4,040 – 4,250 (nearest resistance) Reason: The price is already at a historical support area. If there’s a bullish confirmation (reversal candle such as a hammer, doji, or bullish engulfing) in this zone, it can serve as a buy signal.
IDX:BBRIShort
by michaelhizkia14
Analysis of BBRITechnical Analysis of BBRI Price Level Analysis Strong Support 3,800 - 3,900 Short-Term Resistance 4,100 - 4,300 Long-Term Resistance 4,600 - 4,800 Cut Loss Level 3,700 (if a deeper breakdown occurs) 📉 Current Situation: The price is approaching strong support at 3,900. If a rebound occurs, the first target is 4,100 - 4,300. If 4,300 resistance breaks, the price may rise to 4,600 - 4,800. If it drops below 3,800, there is a risk of further decline. ❌ BBRI Risks 🔸 Economic Pressure & Inflation If the economy slows down, non-performing loans (NPLs) could rise, affecting BBRI's profits. Risks from MSMEs, which are more vulnerable to economic downturns. High-interest rates could hamper credit growth. 🔸 High Interest Rates Policy Bank Indonesia maintains high interest rates to control inflation, which could slow down new credit growth. 🔸 Competition from Fintech & Digital Banking BBRI faces competition from digital banks like Bank Jago (ARTO), Bank Neo (BBYB), and others that are aggressively expanding digital services.
IDX:BBRILong
by Wahyusaputraws25