JKSE would still maintain their bullish bias as a bullish flag pattern appear 'till it hit the objective target as AB = CD pattern. Buy on break should be your consideration or just try to seek an inside bar to entry. Invalidation start if only the price goes down and close below 579x
IHSG is now in wave 3. As long as the price doesn't break the support level at 5938, IHSG will finish this wave by the end of the year. Support : 5938 Target : 6598-6675
Forcasting IHSG until Dec 2021. We can buy big caps stock when corection on IHSG. Disclaimer On
IDX:COMPOSITE IHSG 23 Agustus 2021 Trade Area
the movement is kinda worrying but lets see what we got this week :) 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....
IHSG fall upon BUKA profit taking from ARA for day 2
Last week: The price rejected 61% FIB area (61% was my target based on the 50-23-61 pattern). The was a slight Gap formed on august 5th. The Gap and 50% FIB as nearby support and 61% FIB as nearby resistance. indicators: RSI seems to be at around its previous resistance (BLUE horizontal line) stochastic bullish at the overbought area MACD bullish period after...
From the given chart, it can be seen that the E.W uptrend channel(green channel) which I drew months ago and followed by a correction downtrend channel(red channel) are still relevant. Taking a closer look at the uptrend channel, we can see that the price is riding it nicely after it touched the lower area of the channel several times. SO, this can be used as a...
**Market Action DIscount Everything** I got an idea based on price action analysis that JKSE (IHSG) would still maintain their bullish biases (momentum). We would see that the market formed a falling wedge pattern from 21st Jan of this year 'till this time, indicating that this market would make a continuation on their bullish trend. This signal was also...
From my point of view, iHSG is about to go down, careful when 5.750 break out. Good luck!
Although we can see that from the chart the price is at resistance area (downtrend channel), actually the indicators all look really good. RSI above > 50 Stochastic Golden Cross MACD Golden cross and above the zero line So, the target @ 62xx is still plausible. NB: These analyses are not intended as investment recommendations or as financial advice! Please...
Forming P wave, will see what gonna happen next 2 weeks. Looks like will be break out the trend line
Stock Market Bull Run Begin Next Year? Bottoms could be ugly but it is a true blessing, similar structure V shape recovery and then a multi year bull run.
Price still ranging inside Tenkan sen and Kijun sen forming a P wave, wait price to break.