mmdcharts

mmdcharts Updated  May 15, 2019

DOID should end Downtrend soon after Breakout Rp850. DOID to begin Uptrend to at least Rp1,000 after Breakout Rp850. Need to be extra careful when DOID Breakdown Support Rp680.

mmdcharts Updated  May 15, 2019

ERAA is undoubtedly in Uptrend that should continue to Rp3,750. The Uptrend is begin again after Breakout Rp3,050 that could happen soon within next 1-2 weeks. Watch out when ERAA Breakdown Rp2,800.

mmdcharts Updated  May 15, 2019

ADRO has a change to reverse Downtrend to Uptrend by Breaking out Rp2,000 that might happen soon (this Jul'18). When ADRO broke out Rp2,000, ADRO has a change to begin Uptrend to Rp2,300. Still need be carefull not to jump on the possible false Breakout since ADRO is in Downtrend. Watchout any Breakdown below Rp1,750.

mmdcharts Updated  May 15, 2019

RALS is most likely continuing Uptrend to Rp1,700 by Breaking out Resistance at Rp1,500 anytime soon this Jul'18. Uptrend is proven by RALS maintaining position above Rp1,300 (RALS did Invalid Breakdown, which emphasize the Uptrend). Still need to be carefull when RALS Breakdown below Rp1,300.

mmdcharts Updated  May 15, 2019

By Breaking Out Rp1,700, WIKA will validate Bullish Reversal pattern and open an Uptrend to Rp2,200. Bullish Reversal pattern will fail when WIKA couldn't Breakout Rp1,700 or Breakdown Rp1,200.

mmdcharts Updated  May 15, 2019

TLKM has been forming Bullish Reversal since mid Mar'18. The form is most likely to be Inverse Head and Shoulders and its price objective is Rp4,600. TLKM need to have a valid Breakout at Rp3,900 and currently, is in the process to do so.

mmdcharts Updated  May 15, 2019

EXCL has been forming Head and Shoulders (H&S) since early Feb'18 as Bullish Reversal pattern to reverse Downtrend to Uptrend. Soon EXCL will rise above Rp2,800 which means a Breakout Resistance that validate H&S. The stated H&S gives EXCL a target to Rp3,900.

mmdcharts Updated  May 15, 2019

INCO is finishing Bullish Continuation. INCO's Uptrend could lead to reach Rp5,000 with at least Rp4,800.

mmdcharts Updated  May 15, 2019

BNLI to rise to Rp600 and is possible to Breakout the Resistance. By Breaking out Resistance at Rp600, BNLI could starting an Uptrend to at least Rp700 and end Long Term Sideways.

mmdcharts Updated  May 15, 2019

BNGA is ending Downtrend by forming Bullish Reversal (most likely Double Bottom where Bottoms lie in Rp920). BNGA has to risen to Rp1,140 to finish Bullish Revesal (Double Bottom) where a Breakout above Rp1,140 would lead BNGA to the pattern's target at Rp1,400.

mmdcharts Updated  May 15, 2019

After a Breakwdown below Rp5,400 in Apr'18, AKRA's Downtrend might continue until Rp4,000 (based on 161.8% Fibonacci's level). After Bottoming Up (by forming Bullish Reversal pattern) at Rp4,000, AKRA is possible to go up to Rp4,500 - Rp5,000. Downtrend is ended and Uptrend is begun after a Breakout above Rp5,400. My prediction is AKRA forming Bullish Reversal...

mmdcharts Updated  Aug 5, 2018

JCI is continuing falling below 5,800 to test its important Support at 5,500. What previously predicted to become Bullish Reversal has turned into Bearish Continuation which means the Downtrend is assumed to be ineffective. Downtrend could easily force JCI to touch 5,500. Support at 5,500 is so important because as long as JCI doesn't break below that Support,...

mmdcharts Updated  Jul 18, 2018

JCI is still in Downtrend (which started from 6,800 in Feb'18) and the Downtrend might continue until JCI touch 5,700. There is a high probability JCI will rise temporary (as Technical Rebound) to 6,100 but i predict the rise is not strong enough for JCI to Breakout 6,100. JCI is forming A-B-C-D Pattern and it suppose to hit 1.618% (D) which is around 5,700. The...