BBRI Sweep Low on Broadening WedgeBBRI Broadening Wedge on H4 timeframe most likely will sweep low like invalidation
Then retail fully out and sideways before next leg up
BBRI trade ideas
BBRI BUY NOW 3350! Support level at 3050-3150BBRI is now probably trade in the end of its deep correction, as on the technical view, by the Elliot Waves count, it is now completing the WAVE 5 of C (it confirmed by the Bullish Divergence on MACD).
The price could be be a little lower on the next 1-5 trading days to the 3050-3150, which is the 78.6% fibonacci retracement from broken uptrend. It is really strong support and i believe i would not be broken.
For about 6-12 months ahead, aim for minimum target of 30% return from this level.
Are you going with me???
CHEEERRRSSS...
BBRI Potential Drop to 3090 Before a ReboundI'm forecasting that BBRI may decline further to the 3090-2930 demand zone, where an unfilled order block exists. There's a potential bounce in the 3750-3690 area, but if selling pressure continues, the price could reach the lower support before reversing. Watching for confirmation at these key levels before taking action.
What do you think? let discuss below? 😊
Forecasting BBRI1. Key Support & Resistance Levels
Strong support: 3,620 – 3,500
Nearest resistance: 4,040 – 4,250
Major resistance: 4,800 – 5,025
Minor support: 3,810 (current price area)
2. Potential Price Movement
If the price holds at 3,810 and doesn’t break down to 3,620, there is a potential technical rebound toward 4,040 – 4,250.
If the price breaks down from 3,810 and breaches 3,620, there is a risk of further decline to 3,500 or even lower.
If the price rebounds from 3,810 and breaks through 4,040, there is potential for an upswing toward 4,250 – 4,510.
Entry Ideas & Reasons
📌 Buy Entry
Entry Level: 3,620 – 3,810 (strong support area)
Stop Loss: 3,500 (in case the price falls further)
Take Profit Target: 4,040 – 4,250 (nearest resistance)
Reason: The price is already at a historical support area. If there’s a bullish confirmation (reversal candle such as a hammer, doji, or bullish engulfing) in this zone, it can serve as a buy signal.
Analysis of BBRITechnical Analysis of BBRI
Price Level Analysis
Strong Support 3,800 - 3,900
Short-Term Resistance 4,100 - 4,300
Long-Term Resistance 4,600 - 4,800
Cut Loss Level 3,700 (if a deeper breakdown occurs)
📉 Current Situation: The price is approaching strong support at 3,900.
If a rebound occurs, the first target is 4,100 - 4,300.
If 4,300 resistance breaks, the price may rise to 4,600 - 4,800.
If it drops below 3,800, there is a risk of further decline.
❌ BBRI Risks
🔸 Economic Pressure & Inflation
If the economy slows down, non-performing loans (NPLs) could rise, affecting BBRI's profits.
Risks from MSMEs, which are more vulnerable to economic downturns.
High-interest rates could hamper credit growth.
🔸 High Interest Rates Policy
Bank Indonesia maintains high interest rates to control inflation, which could slow down new credit growth.
🔸 Competition from Fintech & Digital Banking
BBRI faces competition from digital banks like Bank Jago (ARTO), Bank Neo (BBYB), and others that are aggressively expanding digital services.
BBRI My Personal Investment LevelThis is my view for BBRI. For me ideally I will only start to look for accumulating this share while price breaks below 3500 level. 3210-3490 would be very ideal scenario if it comes.
BBRI why not?I am aggresively buying BBRI with SL on 3700 and TP 5150.
Who's with me?
CHEEERRRSSS...!!!
BBRI AnalysisIn the monthly basis, BBRI is very clear in accordance with the trendline and price action analysis with order block
On the way to Devidend MomentumThe historical track record indicates that the final dividend share for BBRI typically occurs in March. This presents an opportunity to strategically position our portfolio. We can either aim to capture the dividend payout or capitalize on the potential price pullback that often follows the dividend distribution (At ex-date candle gap). To maximize our entry point, we can wait for BBRI to reach its nearest weekly support level, as it is currently trading close to it and being strong support. This approach allows us to potentially acquire shares at a discounted price, especially considering the current downtrend.
Buy BBRI at monthly areaBBRI is currently standing at 4090 and still in its strong downtrend. We have to wait what this January 25 monthly candle tells and if there is some kind of reversal we can start to buy.
For the more aggressive one, we can start to buy at 3600-3700 level.
BBRI short time predict to 4000???
BBRI chart (DAILY) already show a sign for down trend for short period.
Maybe going to 4000 (key area multiple support and rejection)
after 4000 hit, hopefully BBRI will continue rising to 6000 because so many gap between 5000 to 6000.
BBRI still waiting for a momentCurrently IDX:BBRI is still waiting for the right moment when its support is strong enough to support its market value to turn bullish. In my opinion, BBRI is safe to buy at a price range of 3,590 - 3,820.
BBRI Eyes Key Resistance Levels After Breaking DowntrendIn the daily timeframe chart of Bank Rakyat Indonesia (BBRI), it is evident that the price has successfully broken out of the descending channel that previously restricted its movement. After breaking the resistance at 4,100, the price shows potential for further strengthening, with the next target at the 4,510 resistance level. If the bullish momentum continues, the subsequent target lies at the 4,800 resistance level. The 200 SMA at 4,898 is still above the current price, indicating a long-term bearish trend. However, the recent price movement suggests the potential for a short-term trend reversal toward an upward trend. The key support level currently stands at 4,100, serving as a critical area to maintain the bullish sentiment.
BBRI Breaking DowntrendFakeout after drawing ascending wedge and break down wedge trendline BBRI posible to visit 4100 and 3500 if break 4500
BBRI Is Going To Bottom in Mid-DecemberAfter a constant barrage of selling from March until June, and then quite of a rebound from 4100 to 5600 (almost 40%), BBRI continues to dive almost everyday since mid-September. This is supported by the huge foreign outflow BBRI has been suffering. Last Friday, BBRI's foreign outflow amounts to IDR823 billion. To put into perspective, IHSG Friday foreign outflow is IDR1.6 trillion, which means BBRI accounts for more than half of the outflow from IHSG.
Technical wise, BBRI has now constantly being traded under its 200 day moving average for almost 3 months. BBRI will most likely complete the (iii) wave of the C wave next week around 4100. Volume on last Friday's trading is relatively large. This means selling has not eased yet. I believe BBRI will bottom under 4000 ; 3700-3800
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!!!
BBRI Signal Strong Bullishbuy, sleep, 2025=WakeUp
kalian dapat set stop lost sesuai analysis berikut
let's go Q4 Rally !!!!
BBRI - Potential of Inverse Head and Shoulder - finger crossed !BBRI looks like forming inverse Head and Shoulder.
If successful, we will see some nice upside in line with my previous post on harmonic pattern for BBRI.
BBRI in accumulation zone BBRI has been beaten down badly in the last 2 months.
Market fear the increasing NPL and worsen economy but forgetting that BBRI still posted record profit recently. (BBRI has highest profit in Indonesia)
Management also initiated a stock buyback to support the prices.
So, if your stomach can withstand the downturn period for some time, this is the time blue chips can give you massive return in not so distance future.
