Last candle already in the support line if we see the price and MACD, we can be sure that is a divergence if today's candle is closing higher than yesterday, there is a potential this stock will be rebound diclaimer_on
the pattern is showing a double top with a target range at level 159.73
From 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...
if we see the trend from the couple of weeks, its channeling down, the peak is getting lower also with the trough. If we look another indicator such as AD line, also indicates the same my opinion on this: NDX will go down further (looking at the trend) and maybe its a good time to go short on this, don't forget to do your own analysis Disclaimer: The...
NDX still on up trend but the AD line is on the verge of breakdown though hasnt been penetrated. if we see the MACD, it is starting to go down We expect the NDX to go down to its first support at 14680 and AD line to be around 1389-1390.
Despite of some bad news about the iphone 15, aapl getting back to its level from the trend and indicator, there is a Positive divergence, price is climbing back to the resistance level =D Recommendation: Buy: 175.8-176.5 Sell: 179.05 Stop loss: if fall below 173.15 Disclaimer: The information and recommendations provided are for informational purposes only and...
Using the fan principle theory, if the trend line has been penetrated 3 times, meaning there is a trend reversal from the previous one. From this chart we can see, the SPX has started to go down while from the AD line, it's also been penetrated 2 times. this is giving another confirmation that the SPX is in bearish season We expect the SPX will land to its...
The support of the uptrend channel has been penetrated last week on Sep 25th and already reached its first support line on level 347.48 on oct 2nd and made a 3 white soldiers pattern. Will it keep going down to the next support on level 342.33? if we see the pattern and MACD, there is no sign of reversal yet, which means this stock is still going down. Using...
Already rebound from its support at level 58.31. MACD histogram is seen to go up slowly in the past few days, while the MACD line hasnt shown the increase yet. There is a morning star pattern which is supported by the transaction volume. We expect a technical rebound in the next few days or weeks to its resistance level at 59.63 (if the volume is strong enough...
Divergence between Price and MACD, have potential to rebound to its resistance at 182.63 (upside 3.5%) MACD starts going up, trend line has been penetrated. Disclaimer: The information and recommendations provided are for informational purposes only and should not be considered as financial or investment advice.
Confirming with AD line, making new high and new low, as long as it doesnt break the trend, composite is on the right track to break 7000 level :)
if only i could short this stock, unfortunately i cant, since our exchange does not allow this
We can see the morning star pattern from yesterday's closing price candle. where this candle rebound from the trend line (support). Besides that, we can also find a divergence between the price and MACD But we will wait for 1 more confirmation, when the price penetrates the resistance line at 60.5 (Closing price MA200), before buying this stock Disclaimer: The...
Pattern : Head & Shoulder Potential breakdown to 6200 level, starting downtrend which confirm by MACD (down to ZERO level) Recommendation: Stay away from now (since we cant short this stock at IDX) #plan_trade_repeat
Pattern : symmetrical triangle Try to penetrate the trend line at level 985 If break, there are potential upside to 1255 level (gradually from 1020, 1075, 1155 to 1255) MACD : try to go up to 0 level Recommendation: BUY: if break 985 Sell: as mentioned above STOP loss: 3-5% from purchase price Disclaimer: this recommendation is made based on technical...
it's seen that AVIA clearly has divergence between the price and MACD Based on experience, if a stock experience the divergence between price and some indicator (in this case is MACD), this stock will bounce back again to its level making a HH and HL but to confirm this, we need to wait until the trend penetrates 610 level at the minimum. patience is the key...
the 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...
Divergence between price and MACD Action: Buy - if the price break up the below band of BB at 1890 at the minimum Sell - 2020 Stop loss - 3-5% from buy price #Disclaimer_on : this recommendation is based on technical analysis, all buy/sell decision based on your own risk appetite