IDX:BBCA - VCP 18-09-2024 Reason: 1. Low risk entry point 2. Volume dries up 3. Confirmed Stage 2 4. Price above MA 50 > 150 > 200 over 10 weeks 5. Price is within 25% of 52 weeks high 6. Price is over 30% of 52 weeks low 7. 200 day MA trending up over 1 month Flaws: 1. RS rating less than 70 2. 5 biggest marketcap 3. No big volume on breakout
IDX:PEVE - VCP 13-09-2024 1. Low risk entry point 2. Cheat buy on pivot point 3. Volume dries up 4. Price above MA 50 and 200 5. VCP characteristic
IDX:CLEO - CUP WITH HANDLE I bought this stock 13-09-2024 Reason to buy: 1. Cup with handle breakout 2. Confirmed stage 2 3. Volume dried up 4. RS Rating > 80 5. Price above MA 50 and 200
IDX:AMRT - DOUBLE BOTTOM I bought the stock 10-09-2024 Reason to buy: 1. Double bottom break out with huge volume 2. Price over 50 and 200 MA 3. Low risk entry point
On the daily chart, price form a QM buy set up. You can entry buy at open price, aiming 8800 (7.98%) as take profit level. Your stop loss must be below 7800 (4.6%). Your money your responsibility
Here we can see the potential movement for SIDO, I created a downside target as well as an upside target that you can look out for. for the downside I made a target from the formation of a bull flag pattern, and for the upside target I used fibonaci and also elliot waves.
The S&P U.S. Global Manufacturing Purchasing Managers' Index (PMI) for December fell below investor expectations on Tuesday, sliding to a four-month low of 47.9 vs. The forecast level is stable at 48.2 from November. Market appetite is distorted by erroneous data and investors are starting to temper expectations for interest rate cuts from the US Federal Reserve...
The pair even broke the 100 simple moving average (red, 4-hours). The next major support lies at 1.2610 or the 200 simple moving average (green, 4-hours). A downside break below the 1.2600 zone could trigger an extended decline. The next major support is 1.2520, below which the pair could decline and test the 1.2450 level. Any further losses could push the pair...
Ready for end year rally. ADMR looking to start wave 5 and try to break out the pattern. The demand and price of coal probably increase in the end of the year, so this stock will probably inline to increase significantly (hope). What do you think? Will it happen?
As per corrective wave theory id is short position target 0.43
I dont know much about the fundamental, so this is just my perspective from Technical Aspect. Disclaimer ON.
There's an opportunity to get Long Position at 3770 with Stop Loss at 3700, Profit Target at 4100-4200. Disclaimer ON.
BBCA is now forming a Head and Shoulder pattern. Supporting the gap on 7625, the possible scenario is this stock will drop to that area before it makes a turnover. Investors are to expect around -12% (Calculated from today's -6th Feb 2023- price) and traders could be taking this chance to short the stock while it drops. If you are looking to invest in this stock...
In trading, a bull trap is a situation where a trader (beginner) buys an asset believing its price will continue to rise, only to see it fall sharply soon after. If you inspect the SPX chart by yourself, you'll see: 1- lack of increasing volume 2- absence of momentum 3- lack of definite/sufficient trend break 4- retesting of resistance level (Major downward...
throughout its movement, the JCI has been positive by moving away from support at 6752, closing also well at the 6800 level. today JCI will test resistance 6858 to 6911 with support at 6752 and 6683. the market has left the support range 6509 - 6752, after the crash from the fall of GOTO, which impacted to several stocks, both bigcaps stocks to second tier stocks.
ERAA weekly chart show us that there is Head and Shoulder pattern (Reversal Pattern From Bullish To Bearish) and already break the H n S neckline. Thats mean ERAA will going to the target area HnS at price 380-390 in the long game (Weekly). Stochastic indicator in weekly already Oversold, so there is a chance price will have a short Rebound to the Neckline...
$AGII of IDX Technical: Rising Wedge breakdown followed a textbook ABC pattern Breakdown will result in freefall to a strong first support at 1400 area, followed by a failed attempt to push past the bottom channel of the wedge and will start another freefall to the next support at 800 area inside 0.618 fib area. Fundamental: The trigger would likely be the...
ESSA last candle look nice. Bullish candle. While happened on the reversal area based on wave 2/B EW principal. If it reversal and continues the bullish, target will be on 1490 area. We'll see.