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PMMP: Breakout With Volume Spike,Sign of Optimism in the Market?Hello Fellow Stock Global Trader/Investor! Price Action Analysis PMMP has broken out of the bearish channeling pattern. The breakout accompanies by the Volume Spike and Bullish Marubozu Candlestick. The MACD Indicator made a death cross, signifying a possible upside movement to the target area. Fundamental Drives 1. Indonesia Ended the Covid Restrictive Policy on December 2022 2. Indonesia's economy advanced by 5.72% YoY in Q3 of 2022, indicating a recovery from the pre-pandemic era. 3. PMMP Target a 25% Revenue Growth By the End of 2023. 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 PMMP"
IDX:PMMPLong
by financialfreedomgoals101
3
JPFA.JK MID-TERM INVESTMENT OUTLOOKIDX:JPFA JAPFA COMFEED VALUATION JPFA’s price/sales is 0.31. JPFA’s price/forward earnings is 7.18. JPFA’s price/book is 0.95. JAPFA COMFEED TECHNICAL BREAKDOWN Have a strong potential to continue the bullish movement, currently running in a bearish corrective movement Rp1,050-1,175 is expected to be the end of Wave E movement 1st Buy price around @Rp1,175 Average Down @Rp,1,025 Cut loss @Rp990 Bearish channel corrective movement should be traded cautiously Disclaimer On
IDX:JPFALong
by Mjolnir314
CPIN: Poultry and Consumer Defensive Stocks Possible Bull Run?Hello Fellow Stock Global Trader/Investor! Here's Technical Outlook on CPIN Chart Perspective CPIN is moving in the bullish continuation. The breakout of the bearish trendline and bullish flag indicated a potential bullish bias ahead. Furthermore, the momentum indicator made a golden cross, indicating a possible upside movement to the target area. 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 CPIN"
IDX:CPINLong
by financialfreedomgoals101
2
Long Term Outlook about BBRI - BULLISH TREND# First of all, Disclaimer on. This is not advice to buy or sell the stock. Only sharing about my outlook point of view. Here, let me explain my long term analysis about BBRI banking stock in Indonesia in Technical Point of View. 1. So the first, I draw my support and resistance line based on candlestick on 12M or 1 Year timeframe. You can also look at the 12M timeframe. I put it in 5 line, there are 330, 750, 1410, 2380, and 4610 IDR. 2. Next step, I will predict the next resistance using average return between 5 line (4 step return in log), You can see the return between 4610 and 330 is 1300%. That's so amazing return for invesment. Then, because I use logarithmic SnR, I can calculate the next resistance based on this formula. Avg return SnR = (1 + return )^(1/4) - 1 we've got the avg return is 93,5%. 3. After that, I will do the price resistance projection using avg return that we have done before. 4610 * 1,935 = 8920 around 8900 4. The others perspective using chart pattern, you can also look on the chart. That is ascending triangle pattern. So we can predict the next price target with copying the length of triangle to the next upper 4610 . Also we've got the value around 9000. 5. I have copied the chart to do the projection of price movement with optimism scenario and slow scenario. The price target result of 8900 IDR will be achieve between 2025 and 2028.
IDX:BBRILong
by YogaID