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 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...
SMRA reached point C area for potential BAT pattern. We will watch if price will reverse and complete the pattern soon.
SIDO potential forming Cup&Handle and Butterfly Pattern (next post about Butterfly). Price move in a positive direction after recent small pullback.
This is VERY VERY SPECULATIVE PREDICTIONS on Gartley Pattern forming on Daily timeframe for INCO. This prediction assuming price will complete the pattern although still in very early stage. So take the predictions with lots of considerations based on your own research. INCO is undergoing rights issue, and the rights issue price is 3050, so still way below...
This is VERY VERY SPECULATIVE PREDICTIONS on BAT Pattern forming on Weekly timeframe for INCO. This prediction assuming price will complete the pattern although still in very early stage. So take the predictions with lots of considerations based on your own research. INCO is undergoing rights issue, and the rights issue price is 3050, so still way below current...
BBNI is on track to reach all time high if able to complete the cup&handle pattern
ELSA completed Gartley and going down to nearest fibo 38.2 target.
DMAS gap down today and completed Gartley Pattern. As long as price is within the box, the pattern still valid and hope price will start moving up in moving forward.
BBTN failed to achieve target after breakout from previous inverse cup and handle pattern. Price going lower to the previous low and hopefully it will reverse soon and formed what looks like a double bottom with same price target. Hopefully !!!
BSDE pullback from cup and handle neckline. Potential forming HnS pattern with pullback target (rough estimate only) confluence to Point C of Gartley Pattern. If price pullback to Point C of Gartley and back up to HnS neckline, the HnS pattern will be completed and hopefully continue to the upside to complete the Gartley Pattern. Finger Crossed !
BFIN has the potential to form HnS pattern after completing previous cup&handle pattern
ACES potential forming Gartley on Monthly chart. Current downside has potential to reached point C. Happen Point C also the 61.8 retracement of recent fibonacci retracement leg.
BBNI pullback from neckline and now back on the neckline. Hopefully this time price will be able to breakout from the neckline and keep going up !!
BBRI managed to breakout the second time from cup&handle neckline with even stronger volume compared to the last Failed breakout. As usual, strategy for 4 big banks in only buy buy and buy.
BTPS has several confluence on fibonacci retracement, fibonacci extension and potential double bottom for huge upside potential at least above 2100.
BMRI already reached smaller cup and handle target, on the way for bigger cup and handle target. congrats for those who follows this idea
BBRI break all time high and on the way to complete cup and handle target.