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Applying technical analysis in multiple time frames: $RAJAMonthly TF • Trend and momentum using Joe Rabil Method: - After a strong uptrend, the price violently moves back to 18MA. - Setup Pattern: MACD Pinch Play Weekly TF • Trend and momentum using Joe Rabil Method: - Look out for Trigger 1 or 2 Daily TF • Trend and momentum using Joe Rabil Method: - Downtrend and pullback • Harmonic Trading: - Mapping Bullish Bat with target 38.2 and 61.8 • Elliot Wave: - Mapping 123-(45) OR ABC 1H TF • Trend and momentum using Joe Rabil Method: - Daily Pullback is Presumptive Uptrend in 1H TF • Elliot Wave: - Mapping 12-(345) OR AB-(C)
IDX:RAJA
by ysjahrial
BBRI Weekly Outlook – Testing a Multi-Decade TrendlineTicker: BBRI (IDX) Timeframe: Weekly Status: High-Priority Technical Watchlist 🔹 Long-Term Structure BBRI is currently testing a major ascending trendline that has been in play since 2008. This zone has historically served as a reliable long-term inflection point, having been tested multiple times over the past 15+ years. The trendline has held six or more significant touchpoints, strengthening its technical validity. Price action is also aligned with a horizontal demand zone (approx. 3,400–3,700), previously seen during the accumulation phases of 2019–2020. 📉 A Controlled Correction? The recent correction has formed a descending channel structure, but: The current drop is accompanied by high volume, which may indicate a capitulation or panic-driven sell-off. Price behavior at this key junction will determine the next major phase: a base reversal or a structural breakdown into a broader downtrend. 🧠 Risk-Reward Outlook If this long-term support holds: A technical rebound toward the 4,800–6,500 zone remains well within reach. The current setup presents a favorable risk-to-reward profile for medium-term positioning. However, a weekly close below 3,200 would invalidate the bullish scenario, potentially triggering a decline to the 2,400–2,100 area — a demand zone from back in 2016. 📌 Strategic Takeaway “BBRI is at one of the most critical technical inflection points of the past decade. This is more than just a trendline — it reflects long-term investor conviction versus macro pressure.” Recommendation: Wait for confirmation from a reversal candle on the weekly timeframe. Patience is key — but this is not a zone to ignore.
IDX:BBRILong
by Fikimfa
$IDX:SMGR long with target price 2900 within 90 daysLONG position on IDX:SMGR with a target price 2900 in 90 days. Analyst price targets averaging 3,185.83 IDR, higher than the current 2,140.00 IDR. A Price-to-Book (P/B) ratio of 0.33 for Semen Indonesia (Persero) Tbk ( IDX:SMGR ) suggests that the stock is trading at a significant discount to its book value. SMGR’s low P/B ratio of 0.33 could make it an attractive target for foreign investors looking for undervalued assets. The low P/B ratio and EV/EBITDA NTM ratio indicate undervaluation compared to peers. This could appeal to value investors looking for bargains. Qatar has recently shown interest in Indonesian sectors like energy, tourism, and real estate, but nothing explicitly ties IDX:SMGR to Qatari funds. Without concrete deals or announcements, it’s speculative. However, low P/B can also signal concerns. The market might be pricing in risks like declining profitability, operational challenges, or sector-specific headwinds—cement is a cyclical industry tied to construction and infrastructure, which can be volatile. It’s also possible that the book value itself is inflated due to outdated or impaired assets. Current Share Price 2,140, 52-Week Low 2070, 52-Week High 5650. The current share price of 2,140.00 IDR, near the 52-week low, might suggest a buying opportunity for value investors, especially given IDX:SMGR ’s role as a state-owned cement giant tied to Indonesia’s infrastructure sector. Likely that infrastructure spending in 2025, including the new capital Nusantara, will boost cement demand, supporting long-term growth. IDX:SMGR holds over 40% of Indonesia's cement market and has recently acquired Semen Baturaja, potentially enhancing efficiency. Given the undervaluation, significant infrastructure spending, and analyst optimism, IDX:SMGR appears to have potential for a long trade.
IDX:SMGRLong
by bialoglowy
1
ELPI (VCP - 26W 14/4 3T)Position update: March 25, 2025. Key factors: 1. Confirmed stage 2 uptrend. 2. A textbook double bottom with VCP characteristics. 3. Has gone through its majority line of supply. 4. Moving on its own drummer, the stock consolidates while the index suffers a terrible decline. 5. High relative strength. 6. Volume dries up as less supply coming to the market. 7. Strong fundamentals, with consistent year-over-year earnings growth. Considerations: Despite these strengths, the broader market remains in a bearish phase, down over 20% from its all-time high. Geopolitical risks, persistent net foreign selling, declining investor confidence, and concerns over the government downplaying the stock market's significance continue to contribute to an unstable market environment.
IDX:ELPILong
by rifqonr