KAEF trade ideas
$KAEF - Long SwingIDX:KAEF
Long Swing Trade for KAEF, just play around with the SL because I'm afraid with 3% it might hit the SL before it went upwards.
Adjust SL accordingly to your risk management profile.
( For numbers please refer back to chart )
Disclamer ON, all published ideas merely my opinion to certain STOCK. It is advisable to do your own analysis and research before entering a certain trade.
Happy Profitable Trading.
KAEF, medical treatment required to cure the headacheIDX:KAEF
Some scenarios to anticipate midterm trading.
The chart talks itself, just a quick analysis for now :)
Happy trading and stay safe.
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.
KAEF BULLISH PENNANT IDONESIA STOCKS EXCHANGEA BULLISH PENNANT IS A PATTERN OF CONTINUATION, KAEF ALREADY FORMED AND BREAK THE PENNANT TRENDLINE, WHICH WILL LEAD KAEF TO AROUND 3750-3800 FOR THE FIRST TARGET PRICE.
BEFORE START BULLISH IT MIGHT BE A PULL BACK TO THE AREA I MARK WITH A BLUE RECTANGLE (@3300~) IDX:KAEF
THE FIRST TARGET PRICE IS 3750 - 3950 (REASON: PENNANT TARGET PRICE)
THE SECOND TARGET PRICE IS 4170 - 4240 (REASON : FIBONACCI XAY : 1.618 CLUSTER WITH HARMONIC PRICEPROJECTION (HPP) : 78.6%)
THE LONG TERM IF THE TARGET PRICE ALL TIME HIGH WILL BE 4860 - 4970 (XAY : 2.618 CLUSTER WITH HPP : 1.272)
THE STOP LOSS AREA : 3090
DISCLAIMER ON!