Buy on BreakoutBuy range: 715-730
Target 1: 800
Target 2: 850
Target 3: 950
Proportion of Domestic vs Foreign Brokers : 57% vs 43% (Both is in accumulation mode)
Ihsg
Potential Area to BuyScenarios for PTBA
1. If preclosing break resistance 2620 with high volume, Buy on Breakout, nearest TP is 2800
2. If the price drops, bid below between 2500-2600
For short term, please watch the S/R on the chart.
For long term, it's safe to take the current price.
IDX:COMPOSITE (IHSG)PRICE REJECTING THE COMBINATION OF CLASSIC + DYNAMIC + HARMONIC SUPPORT. POSSIBLE BREAKING THE DESCENDING BROADENING WEDGE PATTERN.
TARGET PRICE: 6700-6800
ANALYSIS INVALIDATE IF PRICE BREAK 5730.
DISCLAIMER ON!
IHSGalauCompare to the US market, Index still mostly on the uptrend,
but Indonesia Index still not sure it will continue the downtrend, or it will bounce and break the resist.
anyway, the nearest resists we can see in the chart.
Happy trading!
Indication of Head and Shoulders Pattern in IHSG (Composite)There are currently head and shoulders pattern in Indonesia Composite Index with 6200 as Left Shoulder and 6200 as potential Right Shoulder if the market couldn't break with good volume at 6200, and 6500 as head price, the neckline is around 5800-5900 and downside potential to 5400 since there's small gap at 9th November or 5200 if you pull a line from head to neckline at 11,28% (IDR 662) *disclaimer on : there are no buy or sell signal
Bearish Divergence on Top of the mountain..I think this is the peak, if not the TOP of the top... I'd take profit immediately and exit because the candles went parabolic, which quite rare this kind of volatility in the stock market.. and to top it off RSI and Money flow keeps going smaller and smaller, while price does not reflect that (keeps going upwards) therefore my sentiment is quite bearish on this peaked, overbought fibo top. In the end, you can't fight GRAVITY.. no matter how good the fundamentals are..
ADRO - Trading ModeHere is my analysis for Adaro Energy . Technically, ADRO is still in an uptrend indicated by a higher high has been formed.
I'm looking for a lower high which is quite interesting because there is a high traffic area indicated by a multiple demand area (green zone).
Kindly do your own research and use money management while entry this position.
#disclaimer
BBRI - Trading ModeHere is my analysis for Bank Republik Indonesia. Technically, BBRI is still in an uptrend and it holds its trendline. So i really expect the price reject those two areas and then continue moving up to make a higher high.
Kindly do your own research and use money management while entry this position. I will link my previous analysis for BBRI .
#disclaimer
BBNI - Mode TradingHere is my analysis for Bank Negara Indonesia. Technically, BBNI is still in an uptrend and it holds its trendline. So i really expect the price reject those two areas and then continue moving up to make a higher high.
Kindly do your own research and use money management while entry this position. I will link my previous analysis for BBNI.
#disclaimer
MPMX Current Price at about 15% Div YieldFor MPMX looks good in fundamental as it has lower PBV around 0.34. Current price (575) has potential 15% Div Yield comparing current year DPS at 90 per share.
There is 450 price level if possible the price re-test it, will generate 20% div yield for next year.
DMAS Target for 20% Dividend Yield for Price 210Current Div Yield for DMAS is 18.75%. If comparing with current year DPS of 42 per share, the realistic price for 20% yield is at 210.
There is support level at 200. Need to evaluate further financials report to device investing for this stocks.
IHSG COMPOSITE Indonesian See on Thu Jan 28th 2021IHSG / COMPOSITE Indonesian See on Thu Jan 28th, 2021.
Top High
Thank you.
Jakarta Composite index 2021 outlook: PREPARE FOR A CRASH!Jakarta composite index is having a hard time to break the strong resistance with overheating RSI.
This is what unsustainable price appreciation looks like.
Prepare for a crash.
I will close all my position if the price breaks the red parabolic support.
DISC: I don't have any investment in this market
EXCL Bearish TrendlineAfter sideways trendline of EXCL as I predicted before (hanging on Fibo 23.6), it broke out the support with Three Black Soldiers and the continuation of bearish signal is happened. Also confirmed with Stochastic RSI.
There isn't any reversal signal, so if it can rebound on Fibo 50, we will see again whether EXCL can break resistance on 2590 or not. Any thoughts?
Summary:
Not a buying signal right now
TP1 2700
TP2 2820
MDKA CORRECTION CHANNEL, WHERE TO BUY?NB: These analyses are not intended 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!!!
IDX or IHSG - "COMPOSITE" update on 28 DecemberI expect this move to happen
1. 6330 is a crucial level as it demonstrates previous resistance confluent with fibonacci 2.618
2. supply zone might be a bit higher (red box)
3. Failure swing top (making Head n shoulder)
4. Sell in may and go away
5. Pullback to previous high (5300)
Broadening Wedge and Bearish Divergence on TLKMWe Found Broadening Wedge Pattern and Bearish Divergence on TLKM. Expecting Reversal on the next wave.
