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SUMMARECON AGUNG
Long

SMRA reached point C of potential BAT pattern

By sahamihsg
Updated
SMRA reached point C area for potential BAT pattern.
We will watch if price will reverse and complete the pattern soon.
Trade active
Price really going to C area and bounce back to complete the pattern.

if you already have position and holding strong, Congrats !!!
if you bought when price entered area C, double Congrats for your bravery !!

In the meantime, let's wait and hope for price to complete the pattern.
Trade active
Pattern not completed as price break the C point.

Price managed to create higher high on weekly which is a good sign.
Let's see how high price is going.

I personally still holding strong on SMRA.
Trade active
This trade took longer than expected because property sector is not booming yet and rates still not going down.

but recent days, we see property start to have some movement.

Maybe this is a very early anticipation of expected fed rate cut later this year.

Let's hope we can see more positive movements amidst risk of market selloff as the usual months of sep-oct.
Trade closed: stop reached
Property sector is moving a bit.
I suggest taking profit with the recent moves. However, if you believe the rate cut will boost property sector then you can still hold on your own discretion. Good Luck !
Note
Congrats for those holding and waiting for rate cut.
Harmonic Patterns
sahamihsg

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