Hanjaya Mandala Sampoerna (IDX:HMSP) had missed the bullish run and now are dumping with Double Bottom target is 875-825 and Death Bounce target is 1095-1065. After double bottom, HMSP will continue rally up to 1450. Keep in mind, double bottom usually will perform W-Harmonic Pattern. I shall update the chart later.
trading plan hmsp weekly buy 1140 sl 1100 tp 1340 disclamer on
HMSP. D1. Accumulation. 2 option for entry: 1. Buy on breakout. Entry at 950-955. 2. Near the support area. Entry at 905-915. SL 900 TP1 985 TP2 1000 TP3 1055 ⚠️ Manage your expectation, because it still in bearish trend. ⚠️ Mind your money management. IDX:HMSP DYOR Disclaimer On
Long term investment, i'm still waiting this stock at 460 Indonesia has a lot of smokers between 15-50 years old, cigarettes in indonesia is relatively cheap, if indonesia economic growth more further, i assume lot of indonesian smokers will be back buying a premium cigarettes like sampoerna
Trial to identify channel for HMSP chart ( uptrend, sideways , downtrend )
This stock is still in a downtrend. But if you're a dividend investor, this stock would be a pretty good bargain. There's a bullish divergence on the weekly timeframe indicating that we will probably see a bounce. The price has also rebounded from the 1k level. Since this stock is still in a downtrend, it's less likely that we would see an immediate trend reversal...
IDX:HMSP Things to consider IDX:HMSP : - Acquisition of Pharmacy Company which produce Asthma Inhaler ( Vectura Group PLC ) as much as 74.77 % This action was deemed to be a major leap for "Beyond Nicotine" products from IDX:HMSP which reportedly aimed to produce a net income of US$1 billion on 2025. - HMSP reported an increase in revenue in the second...
just basic analysis, do your own research #amateurtrading
HMSP: Strong Bearish Ichimoku; GC Stochastic (%K = 7.74); Bearish MACD (MACD Level = -44.62);
Is one of my Favorite Why? 1. Market Cap 159.36 T 2. The Lowest PBVR in 10 years is 4.6x Currently 5.8x higest is 53.5 3. DPR 101,5% in 2019 4. Devidend Yield 8,3% 5. DER is below 60% On TA View is on GOOD Sign on FIBO RETRACEMENT
The retracement of IDX gives us second opportunity to grab HMSP. Shown here is a 4 hour timeframe analysis Several data to support this analysis (based on multiple timeframe) 1. The downside to the level of 1270 close the previous gap seen in 1 Hour TF and now closed. 2. Market structure breaking previous supply zone seen in 4 hr tf and 1d TF happened in May...