$NEST - POWER PLAYIDX:NEST - PRIMARY BASE
06-12-2024
(+):
1. Low risk entry point
2. Price surge up almost 100% since it’s IPO indicated that the stock is strong
3. Volume dries up with VCP characteristic during this tight pause
4. One of IPO leader after IDX:DAAZ
5. RS Rating is over 70 (80)
(-):
1. Not the best Power Play setup, on the textboox: There is an explosive price move up over 100% on huge volume within 8 weeks and not corrective more than 20%
UNTR Buy Setup1. Trend Confirmation:
Identified a Flag Pattern Consolidation after a bull, indicating a continuation in bullish market sentiment.
2. Fair Value Gap (FVG):
On the Daily chart, identified Fair Value Gap between 25.400 - 26.125
3. Trade Execution
Entry Price: 26.550 ( Engulfing Candle on 15 Nov 24)
SL: 25.300 (below FVG)
TP1: 31.500 (Previous High)
Risk-Reward Ratio (RRR): 1 : 4
Monitoring: Check-in daily closing price
4. Outcome:
Exit Price:
Profit/Loss: pips
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Disclaimer
The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
PSGO - Primary BaseIDX:PSGO - PRIMARY BASE
25-11-2024
(+):
1. Low risk entry point
2. Volume dries up
3. Price above MA 50 > 200 over 10 weeks
4. Price is within 25% of 52 weeks high
5. Price is over 30% of 52 weeks low
6. 200 day MA trending up over 1 month
7. RS Rating is over 70 (78)
(-):
1. MA 150 < 200
2. The volume on breakout is too small
BBRI Will be Back to 3500.IDX:BBRI , weekly chart, ABW pattern.
There was an ABW (ascending broadening wedge) pattern detected. So, if we measured the high of the pattern, and took that value to the price where it breaks the bottom line of the pattern, we will see the next target price of the downhill is 3500.
BBRI is still on downtrend, what is a good entry price?I shared especially for mid to longterm investor,
I believe that right now BBRI is still on a downtrend to complete its WAVE C of ABC correction.
I have some levels to be considered for entry price for BBRI, first is as low as WAVE A (see the chart), and second is the supply and demand zone.
So.. LET'S DO IT!
CHEEERRRSS!!!
BBCA (VCP - 26W 19/3 3T)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
BIPI Buy Position1. Trend Confirmation:
Identified a Change of Character by the break of the previous high at 81, indicating a reversal in market sentiment and a new bullish trend.
2. Fair Value Gap (FVG):
On the Weekly chart, identified Fair Value Gap between 69 - 71.
3. Trade Execution
Entry Price: 74 ( Engulfing Candle on 5 Nov 24)
SL: 66 (FVG)
TP1: 110 (1.618 Fibbo)
Risk-Reward Ratio (RRR): 1:4.5
Monitoring: Check-in daily closing price
4. Outcome:
Exit Price:
Profit/Loss: pips
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Disclaimer
The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
PANI - POWER PLAYPosition Update: October 16, 2024
Key factors:
1. Low-risk entry point.
2. The stock offers two entry points with a very tight risk.
3. A power play on top of another power play, this is a strong sign of continuation of upward momentum.
4. Corrects 18% during this pause, indicating big institutions' reluctance to sell their positions.
5. High relative strength, outperforming the general market.
5. The stock is moving on its own universe and marching to its own drummer.
6. Volume diminishes during pauses, indicating less supply coming to the market.
7. The general market is in the early stages of a bull campaign.
Consideration: Breakouts are not accompanied by substantial volume.
This is a classic Power Play setup, featuring two viable entry points: a low cheat and the handle. My initial position was taken on October 11 from the low cheat. I’m looking forward to seeing further constructive price action moving forward.
PTRO - POWER PLAYPosition Update: October 22, 2024
Key factors:
1. Low-risk entry point.
2. The pause formed a small cup and handle.
3. It surged over 100% within eight weeks.
4. Corrects only 15% during on the pause, indicating big institutions' reluctance to sell their positions.
5. High relative strength, outperforming the general market.
5. The stock is moving on its own universe and marching to its own drummer.
6. Volume diminishes during pauses, indicating less supply coming to the market.
7. The general market is in the early stages of a bull campaign.
8. Huge volume on the breakout.
Consideration: Despite a favorable technical setup, risk should be managed diligently given the stock's sharp ascent and potential for profit-taking. Establishing stop-loss levels and monitoring market conditions is essential.
This is a textbook Power Play setup. I’m looking forward to seeing further constructive price action moving forward.
TPMA - CUP WITH HANDLEPosition Update: October 23, 2024
Key factors:
1. Low-risk entry point.
2. Very clear bases with VCP characteristics.
3. High relative strength stock.
4. Established a clear Stage 2 uptrend, indicating upward continuation.
5. The recent reduction in volume suggests diminished supply in the market.
6. Many stocks start showing traction based on my own stock continuum.
7. We are in the early phase of a larger bull market cycle, adding tailwinds to individual stock movements.
8. The market shows a constructive advance, with 55% of stocks trading above their 200-day moving average, indicating underlying market health.
9. Significant volume on the breakout, supporting the move’s legitimacy.
Considerations: Risk should be managed properly given the stock's sharp ascent and potential for profit-taking.
This is a textbook cup with handle formation which immediately showing its strength. The stock up 11% from my buy point today. I'll be closely monitoring its behavior to assess its ability to hold and build on these gains.
BDKR - CUP WITH HANDLEI bought my positions today
October 9, 2024
Key factors:
1. Low-risk entry point.
2. Established a clear Stage 2 uptrend, indicating positive momentum.
3. Breaking into its all-time-high.
4. High relative strength, the stock went up +80% compared to a modest 11% increase in the index.
5. The recent reduction in volume suggests diminished supply in the market.
6. Many stocks start showing traction based on my own stock continuum.
7. We are in the early phase of a larger bull market cycle, adding tailwinds to individual stock movements.
8. The market shows a constructive advance, with 48% of stocks trading above their 200-day moving average, indicating underlying market health.
9. Significant volume on the breakout, supporting the move’s legitimacy.
Considerations: While the stock exhibits a solid technical foundation, the breakout is not as robust as typically expected for a stronger move.
This is a textbook cup with handle formation which typically precedes further price appreciation from the entry point. I'll be closely monitoring its behavior to assess its ability to hold and build on these gains.
BIRD ANALYSISDaily Chart - We use the daily chart to read the movement and short-term risk of BIRD stock. Currently, BIRD's movement is in a strong bullish phase which is characterized by forming a perfect market structure, and is consistently on its trendline. The next target will be at the level of Rp 2,420 with a potential increase of 18.47%. Currently there is a healthy correction and will form a new higher low, so we project that the 18.47% target is a realistic target.
TINS - (VCP 61W 110/14 4T)IDX:TINS (VCP)
23-09-2024
(+):
1. Low risk entry point, cheat buy on pivot 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
8. RS Rating is over 70 (91)
(-):
1. The breakout on pivot point is not big enough
TOBA Potential Buy1. Trend Confirmation:
Identified a Change of Character by the break of the previous high at 312 & 500, indicating a reversal in market sentiment and a new bullish trend.
2. Fair Value Gap (FVG):
On the Weekly chart & Daily Chart, identified Fair Value Gap between 470 - 496.
3. Trade Execution
Entry Price: TBA if price entered FVG
SL: 460-474 (below Daily & Weekly FVG)
TP1: 1050-1070 (Fibo 161.8%)
Risk-Reward Ratio (RRR): 1:8
Monitoring: Check-in daily closing price
4. Outcome:
Exit Price:
Profit/Loss: pips
-------------
Disclaimer
The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.