SSIA Elliott Wave CountI think SSIA is about to break out of its triangle B wave. Let's see if it holds above the 200 week MA. The 20-week MA and 200-week MA is about to cross also.
At least we are going to 600. Hold tight
SSIA trade ideas
SSIA BreakoutAfter the breakdown of its trend line on January 25, 2021, #SSIA finally broke the trendline which was previously broken on February 3, 2021. This is a positive signal for the next trend where the movement on that day is also supported by a significant increase in transaction volume and prices are closed by breaking EMA line 30.
#IDX #IHSG
Usaha yang tidak SSIA-SSIAPelabuhan Patimban dan kawasan industri di Karawang menjadi sentimen dalam lini bisnis SSIA. Secara teknikal, jika sentuh area 420-424 boleh pertimbangkan buy karena ada di support trendlinenya. Meskipun secara stoch masih berada di area ungu tapi MACDnya masih lumayan mendukung (posisinya di atas). Stoplossnya < 412 saja. Target suka-suka, syukur-syukur dikasih ganti fraksi atas.
SSIA siap breakout !SSIA sudah menunjukkan voulume buildup selama fase konsolidasinya dan minor uptrend. Bila harga breakout 410, SSIA berpeluang menuju zona resistancenya di area 450-454.
Selamat trading !
SSIA idx stock :Example of Complex Correction Wave Here is the example of complex wave calculation based on elliott wave principle.
Overall complex correction wave consists of 5 combined wave (w)-(x)-(y)-(x)-(z).
These complex correction played out for very long period time thus can be very confusing. (w) wave is a zigzag of a-b-c, followed by triangle a-b-c-d-e (x), another zigzag a-b-c (y), followed by flat a-b-c (x) and last, completed with zigzag a-b-c (z).
This educational analysis provided also with example entry strategy, my entry strategy placed on top of last wave 4, why? Well, it gives slight confirmation that the (z) wave of zigzag is completed. The stop loss placed on the very bottom of (z), which means the invalidation zone. Apparently, this strategy only compatible for a long term investing.
This educational analysis is not a financial advice, you should do your own research and always make sure to criticize before consummation.
And last, because the asset is stock, always compare with the fundamental condition of the company.
Thank you, share and like if you found it helpful!
Add SSIA to WatchlistSSIA has been confirmed create a Falling Wedge Pattern. After break from it's confirmation line, SSIA is creating a base in yellow box. SSIA has a chance to hit it's first target price at 805 and ideal target price from Falling Wedge Pattern at 840-850.
