KBLI trade ideas
KBLI IndonesiaStockExchange : Long OpportunityAnalysis based on Elliott wave principle
Long opportunity spotted after the A-B-C zigzag correction.
If this count correct then expect further upside movement which is wave 3 impulse. I highly expect price to reverse soon indicated by blue support line that coincides the 0.786 fibonacci retracement level and also RSI indicator shows a bullish divergence.
Two option to enter, aggressive and conservative, depends on personal risk profile. The conservative entry waits for the price to confirm that the correction was ended (indicated by moving above wave 4 high).
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KBLI Berpeluang Kembali Bergerak Uptrend. Buy Jika BreakoutKBLI saat ini berada dalam fase konsolidasi membentuk minor downtrend channel di kisaran 565 - 620. Jika saham ini mampu menguat menembus resisten 580, terbuka ruang kenaikan menuju 960 dengan minor target 680 yang berarti saham ini akan kembali memasuki fase bullishnya kembali. MACD yang meningkat menunjukkan saham ini berada dalam fase pergerakan positif
Rekomendasi: Speculative buy jika break 605. Stoploss level 565.
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