BBRI: The Advancing Phase and Recovery of Banking Sectors? Hello Fellow Global Stock Investor/Trader, Here's a Technical outlook on BBRI!
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Technical Analysis
BBRI is a breakout of the Pennant Pattern after retracing on the Fibonacci golden ratio area. The MACD Indicator made a golden cross below the zero level area, which indicated a potential bullish movement ahead.
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/support area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the BBRI"
BBRI trade ideas
Long Term Outlook about BBRI - BULLISH TREND# First of all, Disclaimer on. This is not advice to buy or sell the stock. Only sharing about my outlook point of view.
Here, let me explain my long term analysis about BBRI banking stock in Indonesia in Technical Point of View.
1. So the first, I draw my support and resistance line based on candlestick on 12M or 1 Year timeframe. You can also look at the 12M timeframe. I put it in 5 line, there are 330, 750, 1410, 2380, and 4610 IDR.
2. Next step, I will predict the next resistance using average return between 5 line (4 step return in log), You can see the return between 4610 and 330 is 1300%. That's so amazing return for invesment. Then, because I use logarithmic SnR, I can calculate the next resistance based on this formula.
Avg return SnR = (1 + return )^(1/4) - 1
we've got the avg return is 93,5%.
3. After that, I will do the price resistance projection using avg return that we have done before. 4610 * 1,935 = 8920 around 8900
4. The others perspective using chart pattern, you can also look on the chart. That is ascending triangle pattern. So we can predict the next price target with copying the length of triangle to the next upper 4610 . Also we've got the value around 9000.
5. I have copied the chart to do the projection of price movement with optimism scenario and slow scenario. The price target result of 8900 IDR will be achieve between 2025 and 2028.
IDX: BBRI FOR SEPTEMBER 2022Medium support at 4550
Weak resistance at 4650
I Prefer Yellow trading plan
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.
IDX: BBRI FOR AGUST 2022Medium support at 4240
Medium resistance at 4350
I Prefer Yellow trading plan
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.
IDX: BBRI FOR JUNE 2022medium support at 4350
weak resistance resistance at 4460
I Prefer Green trading plan
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.
10th April 2022: Analisys BBRI @Short 10th April 2022: Analisys BBRI @Short
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.
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In our learning, we have three rules analisys before take action
1. Price succes rebound from strong resistance 47xx
2. Now price 46xx above EMA55 & EMA144 & EMA 377
3. Ganfan safety and on track
Summary:
short possition for now and with set up trading. take action Long Possition if price rebound from 46xx or 44xx So,we will follow white line will be continue green line
Buy if price range 44xx - 4460
Take Profit 1 @ 47xx
Take Profit 2 @ 48xx
Cutloss @ 43xx
good luck guys , and happy profit ^^see you for next update
Thanks for Mr. Rudolf M. Bakkara for the sharing this knowledge metod.
#keep learning bakkarianz metod
IDX: BBRI UNTIL THE OF APRIL 2022weak support at 4650
Medium resistance at 4730
I Prefer Green trading plan
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.
IDX: BBRI UNTIL NEXT MONTHmedium support at 4350
weak resistance at 4460
I Prefer yellow trading plan
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.
BBRI Inverted Head and ShoulderWe can see BBRI in the monthly timeframe showing bullish from the 2000s. This moment can be used by investors for long-term investment. Here I see that the stock is forming an inverted head and shoulder pattern where this pattern will bring the price up, until it is equal to the shoulder. The price target to be achieved is around the price of 6100.
#Disclaimer: Not a suggest to buy or sell
IDX : BBRI WEEKLY IN SHORT CORRECTION TO 3860-3940BBRI Weekly Chart most likely will be going down to the 3860-3940 where the support harmonic and dynamic met cluster (fibonacci 0,5-0,618 and support dynamic EMA 90).
After the price hit the support, hopefully the Trend Movement (BULLISH TREND) will comeback to the Resistance Area at 4770-4810.
Stochastic momentum indicator show us that the trend still going down to Oversold Area thats mean there is a chances BBRI will stop the bullish rally for a moment.
And for your info, BBRI has a gap at 4600. Gap in Big Banks have a very big chance to close either gap up or gap down.
Buy BBRI little by little at the price 3800-4000 and Hold it until the price make a comeback at 4800.
Stop Loss under 3800
Take Profit 4800
DISCLAIMER ON
IDX: BBRI FOR NEXT WEEK 20-25 FEB 2022medium support at 4350
weak resistance at 4460
I Prefer green trading plan
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.
BBRI MAKES FLAG PATTERNBBRI after strong bullish pressure make a rest a little bit which is called secondary trend. This secondary trend makes flag pattern that will bring price continuation to the upside. Also, we can see with 3 EMA (8, 21, 34) which is fibonacci number that i used to determine trend of the market shows bullish to the upside. Please make sure your analysis.
#RiskDisclaimer.
BBRI.JK: Another long setup opportunityTechnical Overview
1. Bullish Pennant on Daily Chart
2. Bullish Divergence apperard
3. Falling Wedge Breakout the Weekly Resistance
BBRI.JK will continue bullish based on my technical analysis overview. As we can see the bullish pennant in the wave three movement is the part of the A-B-C corrective movement breakout.
With the low risk and really good profit opportunity (6% approx.) we should take this opportunity right away.
Remember, this outlook is based on my trading style and everyone who wants to take the long position should consider this as a second opinion, any profits or losses happened based on this outlook is every trader/investor responsibilites.
February 1, 2022: Analysis BBRI : @Long February 1, 2022: Analysis BBRI : @Long
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.
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In our learning, we have three rules analisys before take action
1. Support & Resistant : now price 40xx price sideways at strong support 40xx & strong resistant 42xx
2. Ema 55, Ema 144, Ema 377 : price above ema 377 & exact ema144
3. Ganfan : free
Summary: Long possition for now because in previous price rebound from strong support 40xx and price above Ema . So,we will follow white line complete with set up trading
Buy if price range @ 40xx-41xx
Take Profit 1 @ 42xx
Cutloss @ 44xx
good luck guys , and happy profit ^^see you for next update
Thanks for Mr. Rudolf M. Bakkara for the sharing this knowledge metod.
#keep learning bakkarianz metod
IDX: BBRI FOR NEXT WEEK 14-18 FEB 2022medium support at 4350
weak resistance at 4460
I Prefer yellow trading plan
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.