AMRT Buy AnalisysMarket Context: Price breaks previous resistance above 3030. Bullish Weekly Fair Value Gap (FVG) following around previous resistance & 50 Fibonacci.
Waiting for price to retrace back into FVG area, and making a reversal signal.
Entry Buy : 3000
Target Price (TP): 3300 (1.618 Fibonacci extension)
Stop-Loss (SL): 2900 (below FVG)
Monitoring: Track the price daily and adjust based on new market information.
Documentation: Record trade details and observations for future analysis.
AMRT trade ideas
AMRT potential ReboundAMRT created a short-term downtrend and now it is in its strong support EMA 100 or 860.
There is a potential rebound with the strong confluence in the mid-long uptrend.
AMRT has allocated capital expenditure for IDR 3 Trillion for the year 2021. This capital expenditure has been realized for IDR 700 Billion in the 1st Quarter of 2021. The firm uses this capital expenditure for new store opening and store lease extension.
We projected an increase in revenue for 7% year on year (YoY) and net income for 4,6% year on year (YoY) for the year 2021.
My target price is 1150 with an adjusted beta of 0.6.
IDX : AMRT EMA144 and Gan fanStrong Resistance 895
Medium support 850
Market close at 880, tommorow it will try Strong resistance or going down to medium support
Red plan is my recommend,
have a nice trading.
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.
AMRTAMRT Support at 950, and resistance at 1025, still an uptrend.
Disclaimer:
This information is for educational purposes and is not an investment recommendation nor to be representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.
AMRT AnalisisAnalisa untuk AMRT akan mengalami tren bearish sampai pada 710, kemudian masih akan ada kemungkinan berlanjut dan menjadi fase breakout sampai pada 685. Tapi disisi lain juga AMRT akan mengalami rebound pada 710 akan menjadi tren revesal sampai pada 725. Kemungkinan untuk terjadinya breakout bullish sangat minim karena history tren market dari AMRT mengalami fase sideways.