Get started
BANK CENTRAL ASIABANK CENTRAL ASIABANK CENTRAL ASIA

BANK CENTRAL ASIA

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals

BBCA trade ideas

BBCA Continue Downtrend to 26000As we can see in 1H Chart that the candlesticks follow the bearish trendline, and it broke the bullish trendline, then there is a possibility that it will goes down further. On the other hand, it did only 38.2% retrace. Fundamentally, Indonesia will surely go to recession starting this October. So, the target for downtrend expansion would be 61.8%, which is 26000. If you like my idea, then please click Like & Follow button. If you have any other idea, then please leave a comment below. Your contribution will surely motivate me to post more ideas. Cheers.
IDX:BBCAShort
by realcc
BBCA Downtrend to 27500Due to Massive Social Distancing (PSBB) announced by Jakarta Governor last Thursday, most of the stocks in Indonesia goes down, which is reflected in the IDX:COMPOSITE . It brings a strong downtrend for IDX:BBCA as analyzed using parallel channel. Right now, I am expecting IDX:BBCA to go down reaching 27500, fibonacci retracement 50%. It might reach 26000 (61.8% fib retracement) when it breaks the uptrend parallel channel from 1st PSBB. The RSI is also showing a downtrend with the current value below 50. On the other hand, there is a 99% possibility that Indonesia will have recession in the next two weeks. When the data is announced, then it may bring more negative sentiment to the market. Be prepared for the worst. Averaging down would be the best option when there is any existing opening position at top. Cheers.
IDX:BBCAShort
by realcc
BCA LONG TRADE IDEA UPDATEAs i shared last week 31st Jan, LONG idea valid as long as seller did not manage to break below the highlighted area. Link to my previous BCA trade idea attach below. _________________________________________________________________________________________________________________________________________ Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together. Disclaimer the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. _________________________________________________________________________________________________________________________________________ Thank you for your support! LamchiuFX
IDX:BBCALong
by LCFXpro
2
BCA LONG TRADEProfit taking action has made a pull back move to the previous resistance turn support, as the biggest private bank there are lots of buy orders waiting to be filled at 32000 even lower, look for a deceleration above the highlighted area before placing long trade. _________________________________________________________________________________________________________________________________________ Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together. Disclaimer the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. _________________________________________________________________________________________________________________________________________ Thank you for your support! LamchiuFX
IDX:BBCALong
by LCFXpro
1