A classic Cup-with-handle with VCP characteristic on its handle, very exciting. I got my starting position today, and I am watching this stock closely now. I like to see a breakout with institutional sponsorship/huge volume soon. The market is currently quite volatile, I'm using a mathematical stop to protect my equity. As my last couple of trades doesn't...
WEAK SUPPORT AT 6850 MEDIUM RESISTANCE AT 7175 I PREFER RED TRADING PLAN Disclaimer: This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not...
MEDIUM RESISTANCE AT 7175 WEAK SUPPORT AT 6850 I PREFER YELLOW TRADING PLAN Disclaimer: This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not...
MEDIUM RESISTANCE AT 7175 WEAK SUPPORT AT 6850 I PREFER GREEN TRADING PLAN Disclaimer: This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not...
TP 1 : > 7000 TP 2 : > 8000 Risk In Your Hand Press Like & Follow if u like my content --- Thank You ---
It is clear that BMRI has been bullish since its lowest point (2015) and that it keeps going up. However, this is another chance for long term investors to buy BMRI again as we can see from previous years, that BMRI has always struggled around this range up until last year where it broke through and reached 9025 due to the January Effect. Thus I think buying BMRI...
BMRI is breaking the trendline impulsively. Therefore, BMRI has the possibilty to reach the target area 5500 as long as the price stay above support level 5825.
I believe the current price is strong support, following the better expectation of the bank's financial statement in Q2 2021, the response toward the report could make the price bound to its second resistance point.
IDX BMRI constructed a gap down at 6600 long ago and showed a swing low already. EMA 13 and 21 showed a promising golden cross
Ready to buy BMRI after it breaks EMA 21. And going to fly until hits the resistance. if the resistance broken, do long until the fibo area.
Bank Mandiri on the daily timeframe appears to be showing a harmonic pattern, namely a bullish bat pattern at the same time a falling wedge pattern can be acted upon which strengthens the price to rise in the future. stochastic is also showing oversold. The target price can be set based on the gap area around Rp. 7300, - Disclaimer on!
This is my analysis about Bank Mandiri Tbk. Not a financial advice