JPFA is looking interesting right now. Last week's volume gives me the hint.
Other complementary sentiments are the low corn price and Eid Mubarak most probably will boost JPFA's earnings this first quarter.
Stay tuned
Break monthly trendline and Retest monthly trendline
trying to make retest if break resistance it will be bullish signal
if not it would be continue bearish as a monthly view
IDX:JPFA
JAPFA COMFEED VALUATION
JPFA’s price/sales is 0.31.
JPFA’s price/forward earnings is 7.18.
JPFA’s price/book is 0.95.
JAPFA COMFEED TECHNICAL BREAKDOWN
Have a strong potential to continue the bullish movement, currently running in a bearish corrective movement
Rp1,050-1,175 is expected to be the end of Wave E movement
1st Buy price...
weak support at 1450
weak resistance at 1540
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...
Strong support at 1610
weak resistance at 1665
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...
Strong support at 1610
weak resistance at 1665
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...
strong support at 1670
weak resistance at 1610
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...
We see a strong support in the highlighted area so here is my analysis, by looking at the oscillators it seems very over sold which made me think that it will bounce off the strong support.
But due to the double top we might see a downtrend continuation, by using external fib it will probably drop to 1.618 (The target I highlighted)
So I think we should wait for...
STRONG RESISTANCE AT 1875
MEDIUM SUPPORT AT 1755
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...
Buy If Break : 1735
Target : 1820 - 1880
SL : 1670
Note : Jika ada label BUY / LONG / SELL / SHORT
kalian boleh masuk atau exit
jangan lupa minimal kalian bisa Basic Teknikal anal
after 5 days of consolidation JPFA has the potential to rise with the following limitations:
buy current price : 1585
take profit 1 : 1700
take profit 2 : 1800
stop lose if the daily closing candle is below 1560
