I have my positions
February 5, 2024
Reasons:
1. Low-risk entry point
2. Confirmed stage 2 uptrend
3. Has gone through a majority line of supply
4. A very clear supply coming right across the red line where all the action happen as far as where it's been denied
5. High relative strength
6. Volume dries up as less supply coming to the market
7. A huge volume on...
Hi Fellow Traders!
The current trend indicates a bullish continuation pattern , characterized by the price making new highs and new lows. Following this, there is a significant breakout from the falling wedge pattern, accompanied by substantial trading volumes and the appearance of a bullish marubozu candlestick. Additionally, the Stochastic has also formed a...
Still channeling up with level of support on 1590 and resistance on 1635
if today's closing price is under the open price, there is possibility for three black crows pattern to be confirmed. Next support level is on 1560.
catalyst: Q2 report will be released this month (expected higher than last year and last quarter)
notes: if we look the history price back...
I secured my positions today
Why I bought the stock?
1. Low-risk entry
2. Long VCP setup
3. High relative strength
4. First base of confirmed stage 2 uptrend.
The stock broke out today on a huge volume, I like to see if it can hold up and follow through in the upcoming days.
NB: DO MIND that These analyses I posted here are intended as my notes and not 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!!!
-20 feb 2021
trading analysis BNGA
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 responsible for any trades, and individuals...
BNGA is ending Downtrend by forming Bullish Reversal (most likely Double Bottom where Bottoms lie in Rp920). BNGA has to risen to Rp1,140 to finish Bullish Revesal (Double Bottom) where a Breakout above Rp1,140 would lead BNGA to the pattern's target at Rp1,400.
