During this stock market correction era, i analyzed ASSA using Elliot Wave and it's principles. I found ASSA's current wave is on its correction phase. My suggestion is to short or make an entry on its support (1170-1255) *huge disclaimer
IDX:ASSA - after its long bearish trend - looks like to rebound. Disclaimer on and be alert based on your trading plan.
ASSA makes reversal pattern, time to buy. range buy 2320-2540. Traget price 1 : 2680 Traget price 2 : 3030. stoploss when close under 2250
Good uptrend stocks, with target price at 4500. Risk reward is very interesting. Also its growth and fundamentals
Highest Accum KZ(Highest) CS RX Highest Distrib LG Entry : 3600 (or BoW) TP : 3820 SL : 3470
A very profound example of VCP that I missed a few weeks ago, now it develops another buy point at a pullback here. The commonalities at its both pivot area are fascinating. I like to see a breakout very soon.
ASSA membentuk chart pattern falling wedge, sekarang sudah breakout ditambah ada divergece. Targer profitnya juga pass di resistance channel bullishnya.
Watchlist I prefer to recognize it as a cheat area instead of a handle. Its price action and volume seem interesting. Let's see if it has institutional support on a breakout before I set my position.
NB: These analyses are not intended as investment recommendations or as financial advice! Please also note that you are always responsible for your own investments when trading on the stock exchange! The analyses are only based on my opinion and view. LETS CUANN!!!
#ASSA (PT Adi Sarana Armada Tbk) H1 10/29/2020 TP: 975
Assa terindikasi akan melanjutkan trend naik nya... pasang SL di Area 800-807 dan target di area 920 an. manfaatkan koreksikecil di area 835-840 -850