FREN Showing the Flag chart pattern formed previously by FREN. It's trying to break resistance at 132. If it succeeds, then the next target will be 173. support at 118. Buy On Weakness.
Smartfren
FREN CUP AND HANDLEyou can see pattern like this works well in IDX (Indonesia Stock Exhange) so, if we use techincal pattern for targeting the price, it will be around 150.
PT.Smartfren Telecom,Tbk - Complete EA,Incoming 100% Profitshello guys,
now i'm charting on $FREN idx stock,as you can see,it's completely making perfect waves in both impulse & correction in the daily timeframe. after recent correction, early this year, $FREN is done with C correction waves at 0.786 fib retracement (which is oversold area in daily Rsi) & making the first move of 1st impulse waves, breaking 3 previous resistance at Rp. 100 - Rp. 115 - & Rp. 131.
with today closed with bearish engulfing candle,highly predicted it will move to 2nd impulse which should be correcting at Rp. 115 - Rp. 131 rupiah area. that sounds being our entry or load up point for the next profits,impulse & rally!
if my calculating was right, it will give up 100% capital gains in the upcoming months.
educational purposes only,tab like button if this helpfull :)
