Ihsg
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.
JKSE Wave 3 MINIMAL target price now has reached!!E.W wave 3 is 1.6x the lenght of wave 1. By using fibo extension, we can draw the line using wave 1 and wave and we find that WAVE 3 of JKSE is @ around 6177-ish. SO what do we do now? well we can enjoy the bullish we are on right now and wait for the correction to occur (WAVE 4). Remember wave 3 minimal is 1.6 of wave 1 so although the minimal price has reached, the price can still go higher. However, at this point we should be very careful.
IHSG - Alert for CorrectionI personally believe that investing is an ability to analyze with a perfect timing for buy. Those timing would be gotten if you had known the technical analysis (trendline, supply and demand , support and resistance and fibonacci retracement )
WSBP Long Opportunity (24% Potential profit)Double bottom pattern. Let's see. IHSG also bullish .
there's also some probability that the price will also touch 300 psychological level.
TP :280-282 (23.9%-24.8%)
SL : 190 (ATR) (19%)
BEST buy on breakoutUptrend (Full Green)
Consolidation after Volume breakout with good candlestick
-> Buy on breakout
