LQ45: POTENTIAL BRIGHT BULLISH OUTLOOK FOR INDONESIA STOCKSHello Enthusiast Indonesia Stock Investor/Trader. Here's free outlook for potential Index Movement. Please give us thumbs up, follow, and comment your opinion on the outlook to support the channel. Let's GROW TOGETHER to become matured trader :)
LQ45 is an Indonesia Stock Market Index which consists of 45 liquid traded stocks. LQ45 could be use as an indicator for forecasting potential Indonesia stock outlook.
LQ45 has broken out of the bullish flag. Afterwards, LQ45 retested the structure and broke out of the near resistance. The MACD indicator already crossed above the zero level area, it signify the potential bullish bias on the index.
The roadmap will invalid after exceeding the support/target area.
DISCLAIMER:
THIS IS NOT A RECOMMENDATION TO BUY OR SELL THE INDEX.
LQ45
Will SIDO continue the previous rejection? Or ...😕When viewed as a whole with a daily time frame, the candle of this stock has many wicks. Starting from the dragonfly doji, gravestone doji, long-legged doji, and so on. Many candles you will find here. From now on, this means that a lot of the market uncertainty arises, and you must weigh your risk-return ratio carefully, or you will just be wasting money on commission fees equivalent almost to 1 tick of the share price. Now, the choice is yours. What will happen next, we just have to wait for the confirmation signal, right?
TLKM Normal Price versus Current PriceTLKM is one of Composite dominant contributor which the Stock price is still bearish now days. So let's see how the normal price of this stock index by simple view. Normal price actually is EPS x PER (IDR 4020). And this stock index has a normal price higher than current price (IDR 2650). So if you buy this stock now you get a discount. Happy trading!
IDX:TLKM