BBCA trade ideas
BBCA on HnSBBCA is now forming a Head and Shoulder pattern. Supporting the gap on 7625, the possible scenario is this stock will drop to that area before it makes a turnover. Investors are to expect around -12% (Calculated from today's -6th Feb 2023- price) and traders could be taking this chance to short the stock while it drops.
If you are looking to invest in this stock and you haven't put your money into it, better put it on hold because "Sell on May" is gonna be real this year. Prepare to buy the dip.
SVA,
February 6, 2023
BBCA will hit IDR 10.000#DIsclaimerOn: Do your own risk
Biggest market cap on Indonesian Banking known as BBCA. This stocks very strong bullish movement on long term timeframe since 2000 until now. I will predict the next target of BBCA will going to IDR 10.000 ~ 11.000 based on fibonacci external and AB-CD movement.
BBCAlooking for BBCA
Analysis: Uptrend for long term, downtrend for shorter term.
Strategy:
if price break the downtrend line (green) find retrancement for entry buy
if price bounce down & going to lower low uptrend line (blue) find significance reversal pattern and then entry buy.
Disclaimer:
There's no 100% accurate prediction & strategy. Force majeure & institutional trader action maybe happen any time. Please use your money management well.
IDX: BBCA FOR MAY 2022weak support at 7900
weak resistance at 8225
I Prefer yellow trading plan
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.