Get started
IDX Composite IndexIDX Composite IndexIDX Composite Index

IDX Composite Index

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals

COMPOSITE trade ideas

IHSG JCI Correction was over ???IHSG forming a bottoming pattern and potentially continuing its uptrend to the 8000++ level seems quite realistic when looking at market movement patterns. Based on technical analysis, if the IHSG has successfully broken through the resistance level of 7250 in early December 2024, this indicates the possibility of further bullish movement. However, as you mentioned, before moving to higher levels, there is a possibility of a retest in the support area around 7250-7200. This retest process usually indicates whether that level can hold as a solid support. If the IHSG manages to maintain this level and does not fall below it, then the potential uptrend to the 8000++ level could be realized, with more stable gains.
IDX:COMPOSITELong
by libradii
IHSG / COMPOSITE 5 wave rally ? (ELIOT WAVE)First Opinion : IHSG maybe going to higher price to 8k to complete the 5 wave rally eliot wave (now on phase 4) the momentum indicator (stochastic) show the sign of bullish divergence. And if the price close higher on 31 oct 2024, there is a big chance IHSG making a bullish continue pattern (Penant). But we must wait for the validity confirmation on Swing Low on 31 october 2024 (closing price), and the pattern penant must break the trendline (top) for validity. Second Opinion : Or IHSG will continue down to key area strong support and rejection at 7350-7400 before rebound to continue the higher price. Still 5 wave rally (eliot wave) in play (because i think IHSG now on phase 4 eliot wave) DISCLAIMER ON
IDX:COMPOSITE
by Aris_Sunandar93
IDX Composite - Jan 2024From Nov 23 - Composite has gone up for around 10% until the current date. Some news says " there is a pull back as rate cut rally dissipates" for IDX, we must see using the Indonesia's rate policy, which now is in a good stand, inflation is under control, most of big companies performance for the last 9months have shown a significant growth. Our Banking industries', which accounted to around 50% of the Composite portion's, growth also in the good direction. We are still waiting for the last quarter performance result I believe, this year, though it's a political year for indonesia, IDX COMPOSITE will still grow higher than last year
IDX:COMPOSITELong
by Plan_Trade_Repeat
IDX Composite_31 August 2023the IDX failed to close at 7000 yesterday and today its back to 6939 level, but if we look at the bigger picture, IDX is still on uptrend, as long as it can maintain the minimum level at 6882 we are still in a good path If we see A/D line, this indicator also still convergence with the IDX Hopefully in a few weeks /month before year end, we can see the IDX back to level 7000 even more Since our index mostly is supported by finance industry (more than 50% weight), with the help of the Big banks performances (Good sign), our beloved IDX will come back stronger Patience is the key to success. #plan_trade_repeat #plan_trade_repeat
IDX:COMPOSITELong
by Plan_Trade_Repeat
COMPOSITEIf We see period from 5 june to today 6 july, there is a symmetrical triangle pattern formed and today's closing above the upper trend line of the symmetrical triangle. if the price is staying on this level, it's possible to reach next resistance on 6822. If we assess using AD Line indicator, we can see that the ADline is recording a new high which means more stocks are following this trend But if we see using McClellan Summation index, it shows the money havent entered the market yet which make the market will retrace for some time so is composite will go higher or retrace for some time? only time will tell @plan_trade_repeat
IDX:COMPOSITE
by Plan_Trade_Repeat