my Bullish prediction on $HRUMP/L : appr. 34%
my POV:
- double bottom
- we have a QML as a past supply (R3: 1.785)
HRUM trade ideas
Hrum potential bullish target 1700Potential upside to 1700
Hrum has potential to form hns pattern to follow weekly forecast
A long term vision of HRUM 2024-2025HRUM still in the uptrend (mothly timeframe). We still wait for the momentum to break falling wedge pattern. The TP is 6000, if HRUM can make the fifth wave of elliot wave
Coal Mining Stocks: Trend Reversal into Bullish Again!Hello Fellow Stock Traders, Here's a Technical Analysis of HRUM!
HRUM has successfully surged beyond the confines of its previous bearish trendline, a development that augurs a compelling potential for a trend reversal on the horizon. This optimistic momentum is further underscored by the notable ascent above the EMA200 line, a key technical indicator. Notably, this ascent is accompanied by the emergence of a distinct bullish flag pattern, which is often perceived as a harbinger of positive price action.
The recent breakout not only substantiates the newfound upward trajectory but also lends credence to the notion of a promising advancement toward the target zone. Moreover, the analysis of the oscillator reveals a particularly intriguing development - a golden cross formation within the oversold realm. This phenomenon significantly bolsters the case for a sustained bullish trend continuation.
In light of these intricate technical indicators aligning cohesively, market participants could find themselves well-positioned to anticipate a potentially favorable market ascent in the sessions ahead.
It is essential to note that the analysis will no longer hold validity once the target/support area is reached.
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Disclaimer:
Please note that this analysis is solely for educational purposes and should not be considered as a recommendation to take a long or short position on IDX:HRUM ".
HRUM Support Pattern (YTD)Based on YTD Price Pattern of HRUM, i'm just thinking this Support Area is interesting.
Now we could look into its Candle Pattern, which is showing Triple Bottom Signal....
Please correct me. I'm just an novice trader :)
HRUM 10022022Potential double bottom if doesn't close below 10000
if break 10525, target would be 110000
SL if close under 10000
HRUM, lanjut rally dan membuat ATH kembali?HRUM strong uptrend
Buy JIKA break 10875
Terdapat potensi supprt baru di 10075
SL jika turun di bawah 10075
Risk 7-8%
IDX: HRUM FOR NEXT WEEKMEDIUM RESISTANCE AT 8000
STRONG SUPPORT AT 7425
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.
Bullish Bias on HRUMOne of the biggest energy company listed on JKSE seems rally since their accumulation breakout for not so later. Buy on weakness should be your consideration as 9400 would be a sweetspot target of the invesment. You can stop your position if the price goes down to 6300 and close below it to seek a new entry on the lower demand area
IDX: HRUM FOR NEXT WEEKSTRONG RESISTANCE AT 8475
MEDIUM SUPPORT AT 8000
I PREFEER 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.
IDX: HRUM FOR NEXT WEEK Strong support at 7425
strong resistance at 8000
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.
HRUMNB: 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!!!
HRUM still on trackAs we can see from the chart HRUM has a good chart and a strong fundamental as the company recorded 218,92% increase on Net Income for year 2020 (yoy).
Recently, HRUM has acquired 24,53% ownership of Nickle smelter company, PT Infei Metal Industry, through its subsidiary, PT Tanito Harum Nickel. In its announcement, CEO OF Harum Energy, Ray Antonio Gunara said, that the acquisition cost them US$ 68,6 Million or equal to IDR 967 billions as the currency exchange IDR14.098/ USD on 22 February 2021. The management predicted the company will fully operated in 2023.
Our projection for 2021, the coal sales of HRUM will increase by 5% as the coal price hits its high (96 USD/T) since the pandemic (February 2020) as May 11th, 2021. IDX:HRUM
IDX: HRUM analysis Continuecheck my previous upload.
its already reach 6200.
6325 is a critical point, when it pass. you should buy and it will be fly to 6625
if not it will down to 5950 as it's strong support
have a nice trading
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.
$HRUMDisclaimer:
This information is for educational purposes and is not an investment recommendation nor to be 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.
Bearish Divergence on Top of the mountain..I think this is the peak, if not the TOP of the top... I'd take profit immediately and exit because the candles went parabolic, which quite rare this kind of volatility in the stock market.. and to top it off RSI and Money flow keeps going smaller and smaller, while price does not reflect that (keeps going upwards) therefore my sentiment is quite bearish on this peaked, overbought fibo top. In the end, you can't fight GRAVITY.. no matter how good the fundamentals are..
IDX: HRUM analysis with EMA, lets talk about historyApril 2012 : Deadcross
price of coal downgrade from $130M/Tons become $84M/Tons
October 2016 : Double golden cross
price of coal at february february $50.92M/Tons become $69.07M/Tons
October 2018 : Double dead cross
Price of coal downgrade 3.74%
September 2020 : double golden cross
Positive issue about nickel
so our conclusion the price of coal greatly affects HRUM stock
like i said in previous analysis, HRUM will fly higher than now. and when it reached 4600 , BUY it!!! it potensialy fly to 5000
check my chart, it use BAKKARIANZ
HRUM analysis with Exponantial Moving Average We, Bakkarianz, analysis HRUM with data 55 days (EMA55), 144days (EMA144), and 377 days (EMA377).
HRUM have strongest resistance at 10770 and strongest support 590 , it has 3 moment , in the past it start with DEADCROSS (EMA55 x EMA144) at , it drop the value and than another DEADCROSS (EMA55xEMA144) this 2 condition call DOUBLE DEADCROSS and its drop until strongest support . then, it recovery , GOLDEN CROSS (EMA 55 x EMA144) and continue another GOLDENCROSS (EMA55 x EMA377) this condition call DOULBE GOLDEN CROSS and its fly the value until strong resistance at 2660. another DOUBLE DEADCROSS happen after that.
Now , it already recovery, and at the end of 2020 another DOUBLE GOLDENCROSS happen, it's already at 4120. in my prediction it will continue grow at until 4720 .
thnks
