SMRA trade ideas
SMRA potential confluence on cup&handle and BAT patternSMRA price currently pullback from inverse cup and handle neckline potentially completed the cup and handle pattern.
The target pullback happens to close to Point C of Bearish BAT harmonic pattern (just estimates).
Let's see if this wild guess will play out nicely
SMRA potential forming Cup and Handle patternSMRA pullback from smaller HnS pattern right in the neckline. See previous post for the HnS pattern post.
SMRA has the potential forming bigger cup and handle with higher profit target once it is completed the pullback and price moving back towards the bigger cup and handle neckline.
SMRA Falling WedgeSMRA . D1. Falling wedge pattern.
SL 540. Manage your expectation, because the SL is 11%.
SMRA had broke the resistance. Then the resistance has become support. So it potential to go to unfilled order area (level 670-700).
My personally set the entry at 590, 610, 615 (layering). And if it closed under the support (610) I will exit, even though in theory the SL is at 540.
Mind your money management. IDX:SMRA
SMRAstill in the channel,
I believe it is on its way to wave 3 @ around 1070
MACD is kind of worrying but it might give an opportunity to buy at the lower price.
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!!!
SMRAEstablishing higher high-higher low (uptrend)
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!!!
SMRA Bullish Trend?! | High Risk | 2021Fast – Medium Trading (High Risk High Return)
SMRA in strong Bullish Trendline (White) (since April 2020)
Entry at Yellow Area
Entry 1 (820 – 835)
Taking Profit at Blue Line Resistance/ Green Box/ Upper Bullish Trendline
TP 1 860 (First Blue Line Resistance)
TP 2 (Hit Second Blue Line Resistance)
TP 3 985 – 1020 (Green Area)
TP 4 (Hit Upper Bullish Trendline)
Stop Loss
SL (Body Candle Over 790 – 805)
Other
- Follow All the IDX Syariah Rules + Stay Updated
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DISCLAIMER ON
The content is not intended to invite, buy or sell a particular stock. The decision to invest/trade/transactions are fully in the hands of the reader. Naufal Rafiza as a writer NOT responsible for any loss or profit that occurs from reader decisions. Analysis can be wrong and not in accordance with the real market. Educational Material Only.
Bukan bertujuan untuk mengajak, membeli atau menjual suatu saham tertentu. Keputusan investasi/trading/transaksi suatu saham sepenuhnya ada di masing-masing pembaca. Saya sebagai penulis TIDAK bertanggung jawab atas segala kerugian maupun keuntungan yang terjadi dari keputusan pembaca, siapapun dan apapun. Analisa ini bisa salah dan tidak sesuai realita market. Educational Material Only.
SMRA (week stochastic swing trading)stochastic indicated an uptrend in the next 3 weeks. It's hard to believe if SMRA can reach 1000.
It has never happened before, calculating relevant month from Nov 2020 to Mar 2021
Buy 800 is hard so
Buy any 800s ranges of 810, 820, 830, 840
TP1: 900 (as common as 850)
TP2: 950 (if u are patient)
TP3: 1000 (low chance)
If March crash happens, by 400. it always go back to 800 like last April 2020 to 400s and to 800 by end of November
so lets say, it crashed in March. You wait until April 2021 to get in 450 confirmed trade or lower for long term, then sell by Nov or Dec 2021.
Potential huge crash from b117 might dipping from march to april. We can know from 2x ARB, usually leads to 7x ARB.
Noone buys at ARB, unless you want to take a risk
feel free to disagree or review. I never lose playing SMRA. This is a good property company, come to their city, See for yourself