BMTR trade ideas
BMTR, POTENTIAL CORRECTION, WAIT AT THE DEMAND AREA!!BMTR, now this stock sideways from Februari 2021. From weekly and monthly this stock will have a correction to next support. The safest area for buy around 226-240 demand area. IF this stock have correction and make a confirm REVERSAL before/only make a tail/shadow at demand area then it's a buy signal too, but wait till price reach demand area and see if there any reversal sign is the safest way to win this strategy. I'm very sure IF this stock have a correction again, this is the last change to buy before this stock goes rally and go for long strategy. For a long term this stock still have potential (at least for me, personal opinion) but you have to be patient, and discipline if this strategy reach the stop loss (STOP LOSS at 222). Good Luck. *Disclaimer On
BMTR future trend analysisFrom helicopter view showing bearish trendline will be broke, but we must wait for firm momentum to excellent entry.
In chart show of :
- middle term target
- long term target
- bonus target
Disclaimer : This is analysis purpose only, not investment advice
-- Happy Trade --
BMTRBMTR sometimes move slowly and really test our patience. However, the indicators show a good potential upside movement by having macd crossover, RSI and MFI above 50 while the price is also above all MA. on the other hand, stochastic is on the way to golden crossover and the price not yet break the pattern.
NB: DO MIND that These analyses I posted here are intended as my notes and not as investment recommendations or as financial advice! Please also note that you are always responsible for your own investments when trading on the stock exchange! The analyses are only based on my opinion and view. LETS CUANN!!!
bmtr mau kemana bmtr jika ditarik garis trendline nya yang dari masi lampau cukup berbahaya karena berpotensi mengikuti downtrendline. hal ini bisa dipatahkan jika bmtr bisa menembus 250. jika gagal, maka bmtr bisa menuju kebawah lagi.jika untuk invest walau fundamental nya bagus tp secara harga cukup untuk swing trading saja
BMTR : IDX - Technical AnalysisBMTR Global Mediacom Tbk.
Based on Elliot Wave theory, the weekly time frame chart indicate a completed major correction of wave (2) which is a triple zigzag correction . We can add this to our watch list to see if it really confirm to resume its upward movement of wave 3.
If we stick to the previous counting, the daily chart provide more detailing information.
Minor correction will complete the (c) wave, after that we expect upward movement of wave 3. Aggressive plan may want to enter in blue box ranging 292-324, while more conservative plan will wait until chart breaks 3 MA.
In summary, we wait and see for further information as the chart develops