Interesting for Short termThe Big Money called Lord A. Salim is rumored to buy the stock
One of his man is sitting in top management position
Risk and Reward Ratio : 4/1
TP 67
SL 52
PBV 0.28
ERAA Buy on Weakness.ERA now on its way of intermediate wave (3) --
buy on weakness on correction wave (2) minor as a construction of wave
Stock recommendation of ERAA,
buy on weakness in range 474 to 480 - it is fibo range of 0.6 - 0.5
this bullish scenario will fail when price breakdown of 450.
SMGR bearish BAT pattern. inline with ABC wave posted earlierSMGR on the way forming the bearish BAT pattern, happens to be inline with completing ABC wave posted earlier. (see earlier post)
Not harmonic or wave expert. Just sharing my personal ideas.
Hope it works out well.
BTPS FORECASTInverted Cup and handle. Massive net foreign Sell. High volume when breakdown strong support.
ARTO: A Broken Downtrend!!!Finally, the minor downtrend IDX:ARTO has been broken.
By using Fibonacci Retracements, I set the target price cluster ranged from 3080 to 3470, then I picked 3280 as a base level to calculate its upside. It can give us 28% upside from current price 2540, that's premium!!
Let's think positive, and buy & hold!
EMTK: A Big Chance to Break Its DowntrendIDX:EMTK have a chance to break its minor downtrend if close above 710.
Let's find a decent target price above level 710, by using Fibonacci Retracements I found the target price cluster, ranged from 805 to 855, and I choose 830 as a base level to calculate % upside, it shows 34% as the potential upside from current price 620.
Don't think too much, a buy alarm soon will ring loudly!
-AJ-
BRPT Stock Movement ForecastHopefully forming Cup and handle or inverted head and shoulder in a bigger view. Volume and flow is quite good. Broker summary shows some serious accumulation from foreign.
I set my long position on 740 - 750 range which was super strong support area (unfortunately already breakdown). I see some counter buying in price range 720 - 730.
Typically slow movement stock, hope my long position in this stock won't let me down.
TLKM Stock Movement ForecastVolume is good. Chart rebound on Fibonacci golden area (0,68 - 0,50) which is also area of very strong horizontal support. Broker summary seems average. Hopefully forming cup and handle pattern.
BMTR Prediction (Long)BMTR hopefully forming double bottom.
High volume when the chart is rising, but during corrections the volume is very low. RSI Golden Cross. Broker summary also shows there is some accumulation from foreign.
INDY: Inverted Head & ShouldersDuring its super cycle, IDX:INDY forming an Inverted Head & Shoulders pattern with expected target price around 8900 on Q4'25.
Currently it forms low (L) - higher low (HL) - higher low (HL), the upcoming HL supposed to be around level 1375 to 1535, somewhere in Q3'23.
Do you agree to put IDX:INDY into a long-term investment basket?
Think positive!
-AJ-
Harmonic Pattern on $MDKAHARMONIC PATTERN on MDKA
Dropped from Descending Triangle pattern , now bounce right exact on support , based on my analysis it will bounce from my entry up to support that turned to resistance. Let see
FITT - CUP WITH HANDLEI bought my positions today
April 26, 2023
The reasons:
1. Low-risk entry
2. Cup and handle pattern
3. The stock up 100% more before forming this cup and handle
4. High relative strength stock
5. Constructive basing period
6. The stock is in its first base breakout
GIAA garudaCP down . a bit risk, but consider this big company with cheap price now.. 1 hit 1 kill minimum to 100 up to 180, above this consider investment , GGIA will Collab with Singapore Airlines
Price to buy, under 60
Resist / TP @ 100 , 150 , 180
GOTOif Goto can break out W1 candle at price 130, it will consider bull retracement. for aggressive buyer, good to collect at price under 100 with nearest target 208
MDKA Buy Speculation Analysist 30th May 2023MDKA is in down movement, probably gonna make price retracement (price probably at a support area right now).
Probably willing to buy in 3030 - 2800 area (average down recommended).
MDKA have probability to go down to 2770 (Stoploss when price hit 2770 or below)
Target Profit at 3600 (or take profit when 10% profit).
THIS IS FAST TRADE, so you can TP when you get 10% profit minimum.
Risk Reward ratio 1 : 2 to 3x
Good luck.
Potential Upside For MEDCIDX:MEDC
This stock has finally breakout from its demand zone (840 - 915). A chance to buy with potential target to 980 - 1100. But beware if price goes below 840.
ADRO - 30 Oct 2022I'm using Eliott wave theory to try see where we are right now. and currently my view is we are on the way to correction 4, before another rally to 5.
lower target 2930
then
higher target >4360 (if break new ATH, price discovery)
NFA DYOR
UNVR forms a wyckoff diagonal accumulation scheme ??UNVR is a consumer goods stock listed on the Indonesia Stock Exchange. UNVR forms a wyckoff diagonal accumulation scheme ?? currently the diagonal scheme is still unstable and may form horizontal. while waiting for that certainty, the price will try to touch the level of Rp. 5,000 before falling again.
IDX:ERAA Three Drive Pattern and Double BottomENGLISH:
By paying attention to the consistency of the IDX:ERAA market movement, it can be predicted by using a descending parallel channel and three repeating patterns, the ERAA market will bounce to 525-540. If there is a daily market opening above 540 then there is a high probability that IDX:ERAA will break free from the bearish trap and return to bullish.
However, by looking at the current conditions there is still no certainty, the main bearish target is the formation of a double bottom between 410-382
BAHASA:
Dengan memperhatikan konsistensi pergerakan pasar IDX:ERAA dapat diprediksi dengan menggunakan paralel channel menurun dan tiga pola mengulang, Pasar ERAA akan mantul ke 525-540. Jika ada pembukaan pasar harian diatas 540 maka besar kemungkinan IDX:ERAA akan terlepas dari jerat bearish dan kembali bulish.
Namun dengan melihat kondisi saat ini masih belum ada kepastian, maka target bearish utama adalah terbentuknya double bottom antara 410-382
IDX:BBCA correction time line and target from May to Aug 2023IDX:BBCA have finished the Harmonic Pattern. In technical analysis, it will lead correction to fib 0.382-0.236. By using Fibonacci Timezone, the bottom will be reached on 31 May - 22 June with estimated prices are at 8475-8575. After that BBCA will continue the rally to 9475-9600 with estimated time at 3 Aug - 25 Aug
IDX:BBCA Death Cat BounceEnglish:
After two days the market has been trying to break the price at 8725-8700 but there was a refusal, so BBCA will have the opportunity to make a death cat bounce (a bounce for a deeper correction). With a correction target it can reach 8475. While a rebound target is 8900-8950.
Bahasa:
Setelah dua hari pasar berusaha menjebol harga 8725-8700 namun terjadi penolakan, maka BBCA akan memiliki peluang melakukan death cat bounce (pantulan untuk koreksi lebih dalam). Dengan target koreksi bisa mencapai 8475. Sedangkan target pantulan 8900-8950.
