MrSparkles69

MrSparkles69

CATL is looking more an more interesting right now. It's forming a perfect symmetrical triangle as we're speaking. We shall see more before entrying, but it's looking promising.

MrSparkles69 Updated 

Q4 2024 is set to be very shiny for ANTM. Gold sales for Q4 only equals to 15 tons, meanwhile the first 9 months of 2024 amounts to only 28 tons. Additionally, nickel sales also jumped in the fourth quarter. Chart-wise, ANTM just finished its fourth wave yesterday, quite a steep drop. Volume during was really good from the first until the third wave, and it...

MrSparkles69

A very interesting company with quickly declining shareholder count, dropping from 93k holders in September 2024 to just 72k in February, and expected to drop even more this March due to IHSG's performance. Additionally, foreign investors have been accumulating for the past year, rising from 17% to 21%. To add even more, local retail ownership of the stock has...

MrSparkles69

Looks like a WXY pattern ongoing on AKRA. We can start to enter once it dips below 1265. Target's at 1400, around the 200-day moving average.

MrSparkles69 Updated 

The banking rally at the start of December turns out to be a fakeout after all. Today BBNI gapped down and closed just 1 tick above today's low, with HEAVY volume. This shows that BBNI, and most probably other banking stocks haven't found their bottom yet. If this scenario were to succed, then we will see a rally to welcome the dividend season.

MrSparkles69 Updated 

SMGR to me looks like it might have finished the large 5 wave move. I checked on other charting website that it already has a bullish divergence between the third and the fifth wave, which is a good possibility that the larger 5 wave move has finished. We should observe how it plays out for the next couple of weeks. If it bounces and forms an A wave with good...

MrSparkles69 Updated 

After 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...

MrSparkles69 Updated 

I 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

MrSparkles69 Updated 

Yesterday's rally was pretty strong. Today's rally invalidated the 4th wave rule. I conclude that this is a textbook flat move. Pretty damn interesting considering that the fundamentals supports the target price. We enter at the (ii) wave. Good luck.

MrSparkles69

JPFA is looking interesting right now. Last week's volume gives me the hint. Other complementary sentiments are the low corn price and Eid Mubarak most probably will boost JPFA's earnings this first quarter. Stay tuned

MrSparkles69

Cotton has risen by quite a lot YTD. I believe it will continue going north. We'll see how it plays out.

MrSparkles69

Leading diagonal is finished. Yesterday's dump following Bitcoin's dump marks the second wave. It's going to the third wave now.

MrSparkles69

Last Friday's move just made it more bullish. The $13 mark would provide a huge resistance (look back to 2021). The fifth wave of the (iii) wave is going there I believe.

MrSparkles69 Updated 

I believe we are at the fourth wave. Retracement is very minimal (currently is always above the 23.6% fibonacci). $400 is the target. Hold tight

MrSparkles69 Updated 

Pretty straightforward counting. Currently sitting at (iv) wave. Wave (v) of wave 3 target is around $3.5

MrSparkles69

I think LRC is approacing its terminal stage. Wave 5 of (c) of 5 must develop first I suppose. Please let me know if you have a different count. Thanks

MrSparkles69 Updated 

Another nickel-related stock. Earnings wise is quite good compared to MBMA. PE < 10, PBV is still quite expensive. It's very interesting since NCKL's management has set the MHP (Mixed Hydroxide Precipitate), EV battery raw ingredient production to double in 2024. Earnings will get significant boost due to this. Nevertheless, we have to pay attention to nickel...

MrSparkles69 Updated 

2023 was a bad year for INCO, and it I think it will continue being depressed for 2024 given the oversupply nickel condition. I will make an entry after the (v) wave of the third wave ends. Wave 5 is gonna end somewhere around the 2000 level I believe.