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Technical Analysis BBCASupport Levels: 8,675 (Major Support) 9,025 (Minor Support, currently being tested) Resistance Levels: 9,300 (Nearest Resistance) 9,525 (Next Resistance) 9,850 (Main Resistance in the Short Term) Trading Plan 1. Buy Area (Entry Point): Aggressive Buy: 9,025 – 9,100 with a target of 9,300 – 9,525. Conservative Buy: 8,675 if the price breaks down from 9,025. 2. Sell Area (Take Profit): TP1: 9,300 (first resistance) TP2: 9,525 (second resistance) TP3: 9,850 (if the trend starts turning bullish) 3. Stop Loss (SL): If the price drops below 8,900, exit to minimize risk.
IDX:BBCALong
by michaelhizkia14
Prediction About Mandiri Bank BMRIBank Mandiri IDX:BMRI is currently trading at 5,050, showing signs of weakness as it struggles to hold key support levels. If the stock fails to maintain support, we could see further downside movement, potentially testing levels around 4,500. This scenario aligns with the broader market sentiment and recent technical patterns. Investors should closely monitor price action near the support zone, as a decisive breakdown may trigger increased selling pressure. However, if BMRI manages to hold above support and gains bullish momentum, a rebound could be in play. Keep an eye on volume and market conditions for confirmation before making any trading decisions.
IDX:BMRI
by panjifh11
NEST - CUP WITH HANDLEPosition Update: February 6, 2025 Key factors : 1. Low-risk entry point. 2. Very clear bases with VCP characteristics. 3. Has gone through its majority line of supply. 4. Moving on its own drummer, the stock price increased while the market crashing down. 5. High relative strength stock. 6. Volume dries up as less supply coming to the market. 7. The breakout was confirmed with a huge surge in volume. Considerations : The current market environment remains challenging, with broader indices showing uncertain and inconsistent behavior. It is very few stocks that setting up decent bases. I’d like to see if it can hold up and follow through from here.
IDX:NESTLong
by rifqonr
Telkom Indonesia (TLKM): A Technical Setup You Can't Miss!Telkom Indonesia (TLKM) Stock Analysis Date: January 22, 2025 ________________________________________ 1. Technical Analysis A. Support and Resistance: • Strong support is observed at the 2,490 level (lower red line), which has been tested multiple times. • Nearest resistance is at 2,870, with the next target resistance at 3,250. B. Indicators: • The 200-day SMA is at 2,955, indicating a long-term bearish trend as the current price remains below the SMA 200. • RSI (14) stands at 54.42, suggesting moderate bullish momentum but not yet in the overbought area (>70). • A rising RSI also indicates a bullish divergence, signaling a potential trend reversal. C. Volume and Price Patterns: • The price is moving sideways within a consolidation range of 2,490–2,870, with potential for a breakout if the 2,870 level is breached. • A valid breakout could push the price towards 3,250. ________________________________________ 2. Recommendations A. Daily Time Frame Supports Swing Trading: • Analysis on the daily time frame is often utilized by swing traders to project price movements over weeks rather than days, especially when support and resistance levels are identified over a broad range (here: 2,490 to 3,250). B. 3,250 Target as Major Resistance: • Resistance at 3,250 is significant in the context of the chart. As a strong level, the price might take several weeks to reach it, especially if volume does not support an aggressive breakout. C. RSI Divergence Requires Time: • Bullish divergence on RSI typically indicates a larger trend reversal rather than minor movements. This suggests that a rise towards 3,250 is better viewed as a medium-term target, especially since TLKM remains below the 200-day SMA, meaning a new trend might take time to form. D. Stop Loss: • Set a tight stop loss below the support level of 2,490 to minimize potential losses. Notes: • Considering the above factors, the 3,250 target is more suitable for a medium-term swing trade rather than a short-term play: 1. The daily time frame supports multi-week price movement analysis. 2. The 3,250 target is a significant resistance level, likely requiring more than a few days to be reached. 3. The stock is still in a consolidation phase, requiring validation of a new trend for consistent upward movement. 4. For swing traders, use this analysis for a medium-term target (2-4 weeks). 5. For short-term traders, a target between 2,950 and 3,000 may be more realistic, taking quicker profits before reaching the major resistance at 3,250. ________________________________________ 3. Risk Management A. Stop Loss: • Set a stop loss at 2,490 to limit losses. B. Risk-to-Reward Ratio (RRR): • With a target of 3,250 and a stop loss at 2,490, the RRR is 1:1. • This setup is suitable for traders willing to accept risk with equal potential rewards. Traders seeking higher RRR may consider raising the target price or narrowing the stop loss. ________________________________________ 4. Capital Management • In the cash market, capital allocation should remain disciplined to manage risks effectively. Allocate 5-10% of the total portfolio for this position. • For investors with higher confidence and risk tolerance, allocation may increase to 10-15%, given the clear support and resistance levels to guide disciplined execution. • Avoid allocating more than 15% of the portfolio to a single stock to maintain diversification and mitigate adverse market impacts. ________________________________________ Conclusion Telkom Indonesia (TLKM) shows potential for a trend reversal, supported by bullish RSI divergence. A breakout above the 2,870 resistance level will confirm an entry point. However, investors should remain cautious about potential price retracements to the support area at 2,490, which could negate this bullish trend.
IDX:TLKMLong
by KepoinTrading
1
Posting for FUNSince I am in my free time, .. I'm checking on some local stock market.. This time is BBCA, The long term idea on the trend might rest for a while around 8200-8500, before continuing it s uptrend. Since nothing go up forever. Well, not a trading advise though, as me myself is not holding on this stock (because running tooo slooow xD) IF im right, it will be a great timing for long term investors to add more investment in it.. Thank you and have a happy trading day!
IDX:BBCAShort
by berryviano
Bearish Divergence IndicationCUAN has been experiencing significant trading volume, particularly after its inclusion in the FTSE index. Given its strong uptrend, it is important to be cautious of potential reversals, especially since the current price is near its all-time high. A bearish divergence is observed on the 1-hour chart using the MACD indicator, as the candlestick pattern shows an upward trend while the MACD line indicates a downward trend. This divergence could signal a minor correction within the major uptrend, with a potential price pullback to the first support level (13,675 - 13,500). This potential correction presents an opportunity to enter new positions at a more attractive price, considering the average market price of big funds at 12,138, based on accumulation since December 12, 2024. However, this bearish signal would be more confirmed if the MACD line crosses below the signal line. Disclaimer: This analysis is for general information purposes only and does not constitute financial advice. Investment decisions should be made based on an individual's specific financial situation and after consulting with a qualified financial advisor. The author is not responsible for any investment losses
IDX:CUANLong
by Arieyettinurami
On the way to Devidend MomentumThe historical track record indicates that the final dividend share for BBRI typically occurs in March. This presents an opportunity to strategically position our portfolio. We can either aim to capture the dividend payout or capitalize on the potential price pullback that often follows the dividend distribution (At ex-date candle gap). To maximize our entry point, we can wait for BBRI to reach its nearest weekly support level, as it is currently trading close to it and being strong support. This approach allows us to potentially acquire shares at a discounted price, especially considering the current downtrend.
IDX:BBRI
by Arieyettinurami
ALDO - CUP WITH HANDLEIDX:ALDO (CUP WITH HANDLE) 28-10-2024 (+): 1. Low risk entry point, first time the stock showing it’s buying point 2. Volume dries up on handle 3. Stock showing it’s strength while market is corrected 4. Price above MA 50 > 150 > 200 over 10 weeks 5. 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 (82) (-): 1. Not really confirmed Stage 2, there is high that need to break out at price 520
IDX:ALDOLong
by The_small_money
Has SMGR Finished Its 5 Wave Down Move?SMGR to me looks like it might have finished the large 5 wave move. I checked on other charting website that it already has a bullish divergence between the third and the fifth wave, which is a good possibility that the larger 5 wave move has finished. We should observe how it plays out for the next couple of weeks. If it bounces and forms an A wave with good structure and volume, then we can wait for the B wave in order to ride the C wave.
IDX:SMGR
by MrSparkles69
BBRI Eyes Key Resistance Levels After Breaking DowntrendIn the daily timeframe chart of Bank Rakyat Indonesia (BBRI), it is evident that the price has successfully broken out of the descending channel that previously restricted its movement. After breaking the resistance at 4,100, the price shows potential for further strengthening, with the next target at the 4,510 resistance level. If the bullish momentum continues, the subsequent target lies at the 4,800 resistance level. The 200 SMA at 4,898 is still above the current price, indicating a long-term bearish trend. However, the recent price movement suggests the potential for a short-term trend reversal toward an upward trend. The key support level currently stands at 4,100, serving as a critical area to maintain the bullish sentiment.
IDX:BBRILong
by KepoinTrading
CLEO (VCP - 28W 24/7 3T)Position update: December 20, 2024. Key factors: 1. Low-risk entry point. 2. Confirmed stage 2 uptrend. 3. Has gone through its majority line of supply. 4. Moving on its own drummer, the stock went up +125% while the index remains nowhere. 5. High relative strength. 6. Volume dries up as less supply coming to the market. 7. Both breakouts accompanied with a decent volume. Considerations: The current market environment remains challenging, as it fails to sustain a bullish trend and continues making lower lows. However, this is the only stock that is setting up properly in the current market. This is a quintessential VCP with clear contractions and a defined entry point. I’d like to see if it can hold up and follow through from here.
IDX:CLEOLong
by rifqonr