I think SSIA is about to break out of its triangle B wave. Let's see if it holds above the 200 week MA. The 20-week MA and 200-week MA is about to cross also.
At least we are going to 600. Hold tight
After the breakdown of its trend line on January 25, 2021, #SSIA finally broke the trendline which was previously broken on February 3, 2021. This is a positive signal for the next trend where the movement on that day is also supported by a significant increase in transaction volume and prices are closed by breaking EMA line 30.
#IDX #IHSG
Pelabuhan Patimban dan kawasan industri di Karawang menjadi sentimen dalam lini bisnis SSIA. Secara teknikal, jika sentuh area 420-424 boleh pertimbangkan buy karena ada di support trendlinenya. Meskipun secara stoch masih berada di area ungu tapi MACDnya masih lumayan mendukung (posisinya di atas). Stoplossnya < 412 saja. Target suka-suka, syukur-syukur dikasih...
SSIA sudah menunjukkan voulume buildup selama fase konsolidasinya dan minor uptrend. Bila harga breakout 410, SSIA berpeluang menuju zona resistancenya di area 450-454.
Selamat trading !
Here is the example of complex wave calculation based on elliott wave principle.
Overall complex correction wave consists of 5 combined wave (w)-(x)-(y)-(x)-(z).
These complex correction played out for very long period time thus can be very confusing. (w) wave is a zigzag of a-b-c, followed by triangle a-b-c-d-e (x), another zigzag a-b-c (y), followed by flat...
SSIA has been confirmed create a Falling Wedge Pattern. After break from it's confirmation line, SSIA is creating a base in yellow box. SSIA has a chance to hit it's first target price at 805 and ideal target price from Falling Wedge Pattern at 840-850.
