HALO - PRIMARY BASEI bought my positions today
March 9, 2023
The reasons:
1. Low-risk pivot point
2. The stock offers the first buyable base after an IPO
3. Low-cheat level (it is preferable for IPO base)
4. High relative strength
5. IPO breakout is working fine this far
Flaws:
1. Stock closed squat
2. Lack of volume on the breakout
So far, it acting normal. I like to see some constructive action in the upcoming days.
HRTA - POWER PLAYI bought my positions today
April 5, 2023
The reasons:
1. Low-risk pivot point ;
2. The stock is up >100% in less than 8 weeks;
3. Corrected the least during the pause, less than 25% correction;
4. Volume dries up as a sign of less supply coming to the market; and
5. It breakouts with huge volumes.
The flaw:
Stock squatted on the closing day
CRAB (VCP - 26W 25/5 4T)I bought my positions today
March 28, 2023
The reasons:
1. Low-risk pivot point
2. This is the first buyable base after an IPO
3. Long base VCP setup
4. Volume dries up as indication of less supply coming to the market
5. 1 - 2 punch with huge volume on the breakout
6. The weekly-base looks even more attrative
The flaws:
1. The stock still has to absorb a lot of overhead supply on the left side
2. It squats today after the breakout
BBCA BACK TO BULLISHAs you can see BBCA alrady filled the demand area!
I call to Buy this STOCK 7600
SHORTTERM TARGET IS ON GAP 7900-8075
ABMM Breakout Market StructureABMM finally breakout major market structure which is good indication as reversal trend. Waiting for the confirmation, BUY if throwback to the blue area.
Watch out for the Target Zone and StopLoss area.
*disclaimerON
[TLKM] TELKOM INDONESIA (PERSERO) TBK There's an opportunity to get Long Position at 3770 with Stop Loss at 3700, Profit Target at 4100-4200.
Disclaimer ON.
Is a Sub-50 IDR Per Share Price Imminent?It seems that GOTO's future is not looking too bright at the moment.
Despite being in a downtrend channel, there are no bullish signals indicating a potential price increase in the near future. Additionally, the FY2022 income statement shows that GOTO has not booked any profit and has actually incurred a loss of 2.6 billion dollars. This is not a good sign for investors, as it is generally not advisable to invest in a company that is losing money.
As a result, it is not surprising that GOTO's stock price could potentially hit below 50 IDR per share. While GOTO's business may be impactful to Indonesia, the harsh reality is that loss is still a loss, and investors are likely to shy away from putting their money into a company that is not generating any profits.
BBCA money flow is good but technicaly still waiting to breakBBCA waiting to break it resistence at 9400 for further confirmation to buy because historically it continues to goes up after break resistance.
CUAN - PRIMARY BASEI bought my positions today
March 30, 2023
The reasons:
1. Low-risk pivot point
2. The stock offers the first buyable base after an IPO
3. Explosive run, up +300% after the IPO
4. The correction/pause has VCP characteristics
5. Volume dries up, indicating supply stopped coming to the market
Flaws:
1. Stock closed squat
2. Lack of volume on the breakout
So far, it acting normal. I like to see some constructive action in the upcoming days.
BBCA Corporate ActionBBCA has been 4 times stock split until 2023. can you imagine if you invest from the beg of IPO?
BBCA >>> Double BottomBBCA is predicted to make a complete double bottom and going up to the last All Time High Level
#fibomic
#BBCA
AKRA: China Covid's Reopening. Oil Stock Bullish Bias Ahead?Hello Fellow Global Stock Traders, Here's a Technical outlook on AKRA!
Support the channel by smashing the rocket button and sharing your opinions in the comment below!
Price Action Analysis
AKRA is moving above its bullish trendline. Recently, AKRA has rebounded on the Fibonacci Ratio Area. Furthermore, The Breakout of the Bullish Flag Pattern also gave us a strong indication of possible bullish bias ahead. The momentum indicator made a golden cross, signifying a possible upside movement to the target area.
Fundamental Drive
-China's COVID-19 reopening is expected to increase oil demand in 2023 (Good Sentiment For Oil Stock).
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/ Support area.
" Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the AKRA"
