altough previous analysis showed break out support, currently BMTR was within strong support area. Volume spread show LVT in 4hr timeframe with bullish divergence status. The ideal time to go Long position.
BMTR hopefully forming double bottom.
High volume when the chart is rising, but during corrections the volume is very low. RSI Golden Cross. Broker summary also shows there is some accumulation from foreign.
291 is the best price to buy, cuz it a signal that BMTR starts it rallies. But 260 is a great momment to wait.
2022 will be the BMTR's Best time to start the rally
BMTR, now this stock sideways from Februari 2021. From weekly and monthly this stock will have a correction to next support. The safest area for buy around 226-240 demand area. IF this stock have correction and make a confirm REVERSAL before/only make a tail/shadow at demand area then it's a buy signal too, but wait till price reach demand area and see if there...
From helicopter view showing bearish trendline will be broke, but we must wait for firm momentum to excellent entry.
In chart show of :
- middle term target
- long term target
- bonus target
Disclaimer : This is analysis purpose only, not investment advice
-- Happy Trade --
BMTR sometimes move slowly and really test our patience. However, the indicators show a good potential upside movement by having macd crossover, RSI and MFI above 50 while the price is also above all MA. on the other hand, stochastic is on the way to golden crossover and the price not yet break the pattern.
NB: DO MIND that These analyses I posted here are...
setelah naik ke resist menutup shadow, bmtr akan menuju ke support untuk bisa naik lg.koreksi bisa ke 242 dan 236. bmtr setelh turun akan naik ke shadow 268 yg sebelum nya
