We 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:...
BBRI 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.
As wee see that this market formed a huge falling wedge as an indication of big accumulation with several bullish momentum confluence as writen on the price chart, this market would meet it's price target at 4720. Buy on weakness should be your consideration. Invalidation start if the price goes down and close below 3370
IDX:BBRI
It will be interesting to see whether or not $BBRI will create its new high or be rejected by its all-time high. Well, the upside potential is still a good opportunity to take profit.
Happy trading, and be safe.
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional...
BBRI has the potential to form a Head and Should chart pattern. By looking at last week's movement pattern where the volume at the break of 4470 resistance was not big enough and the trend decreased afterwards, it would be better to wait for confirmation before entry. Possible short-term movement is still sideways.
From the market maker movement side, BBRI is one...
BBRI on support level according to past month's higher highs and higher lows, and according to Elliot's Wave, BBRI should continue to make higher highs in the next week.
Pola akan selalu berulang. Didalam Harga yang acak kita akan melihat pola pola berulangan. Jika pola yang sring muncul terlihat lagi seperti sekrang,,maka bisa kita pertimabaangkan untuk beli BBRI sekarnag
