[TLKM] TELKOM INDONESIA (PERSERO) TBK There's an opportunity to get Long Position at 3770 with Stop Loss at 3700, Profit Target at 4100-4200.
Disclaimer ON.
Is a Sub-50 IDR Per Share Price Imminent?It seems that GOTO's future is not looking too bright at the moment.
Despite being in a downtrend channel, there are no bullish signals indicating a potential price increase in the near future. Additionally, the FY2022 income statement shows that GOTO has not booked any profit and has actually incurred a loss of 2.6 billion dollars. This is not a good sign for investors, as it is generally not advisable to invest in a company that is losing money.
As a result, it is not surprising that GOTO's stock price could potentially hit below 50 IDR per share. While GOTO's business may be impactful to Indonesia, the harsh reality is that loss is still a loss, and investors are likely to shy away from putting their money into a company that is not generating any profits.
BBCA money flow is good but technicaly still waiting to breakBBCA waiting to break it resistence at 9400 for further confirmation to buy because historically it continues to goes up after break resistance.
CUAN - PRIMARY BASEI bought my positions today
March 30, 2023
The reasons:
1. Low-risk pivot point
2. The stock offers the first buyable base after an IPO
3. Explosive run, up +300% after the IPO
4. The correction/pause has VCP characteristics
5. Volume dries up, indicating supply stopped coming to the market
Flaws:
1. Stock closed squat
2. Lack of volume on the breakout
So far, it acting normal. I like to see some constructive action in the upcoming days.
BBCA Corporate ActionBBCA has been 4 times stock split until 2023. can you imagine if you invest from the beg of IPO?
BBCA >>> Double BottomBBCA is predicted to make a complete double bottom and going up to the last All Time High Level
#fibomic
#BBCA
AKRA: China Covid's Reopening. Oil Stock Bullish Bias Ahead?Hello Fellow Global Stock Traders, Here's a Technical outlook on AKRA!
Support the channel by smashing the rocket button and sharing your opinions in the comment below!
Price Action Analysis
AKRA is moving above its bullish trendline. Recently, AKRA has rebounded on the Fibonacci Ratio Area. Furthermore, The Breakout of the Bullish Flag Pattern also gave us a strong indication of possible bullish bias ahead. The momentum indicator made a golden cross, signifying a possible upside movement to the target area.
Fundamental Drive
-China's COVID-19 reopening is expected to increase oil demand in 2023 (Good Sentiment For Oil Stock).
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/ Support area.
" Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the AKRA"
PDPP - IPO BASEI bought my positions today
March 13, 2023
The reasons:
1. Low-risk pivot point
2. The stock reset its pivot level
3. The pivot point has an inside day
4. High volume on the breakout
5. High relative strength
I re-enter my position back today after the stock reset its pivot point into more constructive price action.
UNVR long until 2027We need to see double bottom around 3800 - 3350 and break out the down trend. If it does, we will see the long uptrend again (may be until 2027).
But, if breakout 2760, we need to ask, what happened to UNVR's performance.
BBCA >>> Bearish Head and ShoulderBBCA is going to make a downside movement, the target will be 1.618 Fibonacci ratio near the previous gap or 2.24, near the classic target of Head and Shoulder pattern (yellow horizontal line)
#fibomic
#BBCA
Longing MTEL indonesian stockweekly TF show that institution was buying at low price (the sell stop) that push higher than the big black candle to become a bullish orderblock.
First target would be the equilibrium at 750 and then would search for a discount PD array before pumping toward buy stop at price more than 800
Transient long idea on BRPTpremium PDA - FVG upside
now we were in discount on weekly TF and hit an OB to retest
longing toward FVG above clearing buy stop
PDPP - PRIMARY BASEI bought my positions today
February 14, 2023
The reasons:
1. Low-risk pivot point
2. The stock offers the first buyable base after an IPO
3. IPO base on low cheat entry
4. High volume breakout
The flaws:
1. The stock still needs to encounter a big supply on the left side
2. Stock squatted to pivot level
I like to see some follow-through in the upcoming days.
