Potential Bullish Trend for Daily Chart AKRAOn the 31st March, AKRA seems like starting to trending up. It priced higher than its MA 50, MA 100 and MA 200, and the MACD also is showing uptrend (near its golden cross).
From past experience, using the same method:
It increased 69% starting from 20 Apr 2022 up to 28 Dec 2022 (8 months)
It increased 33.64% starting from 12 Aug 2021 up to 25 Oct 2021 (2 months)
And lastly, 30.98% from 9 Nov 2020 to 21 Dec 2020 (2 months)
[ARKO] ARKORA HYDRO TBK (IDX)I dont know much about the fundamental, so this is just my perspective from Technical Aspect.
Disclaimer ON.
BBRI: The Advancing Phase and Recovery of Banking Sectors? Hello Fellow Global Stock Investor/Trader, Here's a Technical outlook on BBRI!
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Technical Analysis
BBRI is a breakout of the Pennant Pattern after retracing on the Fibonacci golden ratio area. The MACD Indicator made a golden cross below the zero level area, which indicated a potential bullish movement ahead.
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 BBRI"
TLKM: Inverted Head & Shoulders, Trend Reversal Scenario?Hello Fellow Global Stock Trader, Here's a Technical outlook for TLKM!
Price Action Analysis
On the Daily Timeframe, TLKM is moving above EMA200. Then, the stock created a breakout of the inverted head & shoulder, indicating a trend reversal. The MACD Indicator created a hidden bullish divergence, signifying a possible upside movement to the target area.
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/support area.
Support the channel by smashing the rocket button and sharing your opinions in the comment below!
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the TLKM"
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.
