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BMRI - CUP WITH HANDLEI bought the stock today September 11, 2024 Reasons: 1. Low-risk entry point 2. Long base cup development 3. Formed a classic cup with a nice drifting handle 4. VCP characteristics on the handle 5. One of the leaders in banking sector beside IDX:BRIS 6. We're in a general market bull campaign 7. More stocks start showing traction. Flaws: 1. Currently outperformed by the market 2. No big volume on the breakout I like to see if it can holds up and continue moving higher from here.
IDX:BMRILong
by rifqonr
Analysis: BBNI Sell OpportunityMarket Context: - Price is within a bearish Discounted Weekly Fair Value Gap (FVG). - Price broke Daily Trend Line. Entry: 5450 Stop-Loss (SL): 5850 and trailing Target Price (TP)2: 4300 (last swing low) Target Price (TP)2: 3100 (1.618 Fibonacci extension & Weekly Bullish FVG) Monitoring: Track the price daily and adjust based on new market information. --------------------------------------------------------------------------------------------- Disclaimer The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
IDX:BBNIShort
by Phoenix-Rise-Trade
MARK (VCP - 19W 26/5 3T)I bought my positions today September 26, 2024 Key factors: 1. Low-risk entry point. 2. Confirmed stage 2 uptrend. 3. Has gone through its majority line of supply. 4. Moving on its own drummer, the stock went up +130% while the index only up 10%. 5. High relative strength. 6. Volume dries up as less supply coming to the market. 8. Many traction based on my stock continuum. 9. Early stage of bull market campaign. 10. The market is currently in an easy-dollar environment, where many stocks are setting up constructively and performing well. This is evident as 51% of all stocks are trading above their 200-day moving average. Considerations: While the stock exhibits a solid technical foundation, the breakout is not as robust as typically expected for a stronger move. This is a quintessential VCP with clear contractions and a defined entry point. The stock closed weak and squatted to right at the buy point, which is still within a normal range. I’d like to see if it can hold up and follow through from here.
IDX:MARKLong
by rifqonr
RSCH - CUP WITH HANDLEI bought the stock today August 16, 2024 Reasons: 1. Low-risk entry point 2. Confirmed stage 2 uptrend 3. Has formed a classic cup with a nice drifting handle 4. Strong prior moves before it gone through its base formation 5. High relative strength 6. Hand in hand with the indexes making its new highs 7. More stocks start to setup constructively Flaws: The market is still very vulnerable to go through another corrections I'm still waiting for some traction in the market before I start trading aggressive. Hence, I like to see some follow through action from now.
IDX:RSCHLong
by rifqonr
AMRT Buy AnalisysMarket Context: Price breaks previous resistance above 3030. Bullish Weekly Fair Value Gap (FVG) following around previous resistance & 50 Fibonacci. Waiting for price to retrace back into FVG area, and making a reversal signal. Entry Buy : 3000 Target Price (TP): 3300 (1.618 Fibonacci extension) Stop-Loss (SL): 2900 (below FVG) Monitoring: Track the price daily and adjust based on new market information. Documentation: Record trade details and observations for future analysis.
IDX:AMRTLong
by Phoenix-Rise-Trade
my prediction on $KINGTrend price movements are still in the upward phase which started in early September even though there was a reversal which became an area of ​​change in character (ChoCh) and the trendline was broken by forming an LL which then returned to the trend line of bullish continuation with target R1: 189 and R2: 210 This trend prediction supported with indicator belows: - golden cross on 0 MACD - stochastic on reasonable number - %D line crossing %K line on DMI
IDX:KING
by tandrylaksana
Applying Technical Analysis in multiple time frames: $ADROMonthly • Trend and momentum using Joe Rabil Method: - From LL in Dec 2015, price has made 2 LH and 1 HH but it is still in presumptive uptrend. It will become uptrend if it breaks 4250. - Price is above 18-month MA and 40-month MA and both MAs are rising but no separation yet - MACD made 0-line reversal and is up • Elliot Wave Method: None • Harmonic Trading Method: Mapping: Bearish Deep Crab - 1.618 @ 4460 Weekly • Trend and momentum using Joe Rabil Method: - From LL in May 2023, price is in presumptive uptrend - Price is above 18-week MA and 40-week MA, 18-week MA is rising and above 40-week MA with good separation. - MACD is rising as per price • Elliot Wave Method: Mapping - Zigzag AB-(C) • Harmonic Trading Method: Price reached Bearish Bat – 88.6 @ 4010 with pullback target at Fib 38.2 and 61.8 Daily • Trend and momentum using Joe Rabil Method: - The last 2-day bars have been a concern, but price structure is still in uptrend - Price is above 18-day MA and 40-day MA, 18-day MA is rising and above 40-day MA with good separation. - MACD is rising as per price, however there is possibility for bear divergence or PINCH setup • Elliot Wave Method: Mapping - Impulsive wave W12-(345) instead of zigzag as in weekly TF • Harmonic Trading Method: None 1H • Trend and momentum using Joe Rabil Method: Price makes a strong pullback; watch price action when MACD is near or reaches 0 line • Elliot Wave Method: None • Harmonic Trading Method: None This analysis is made to track my TA's learning progress, and now I am focusing price action at 1H TF
IDX:ADRO
by ysjahrial
Trading Plan for BBNI BearishMarket Context: Price is within a bearish Weekly Fair Value Gap (FVG) following a new swing low. Awaiting reversal confirmation during the current retracement. Monitor the MACD for Bearish Divergence signals. Entry Strategy: Enter short when the trendline is broken. Target and Stop-Loss: Target Price (TP): 3050 (1.618 Fibonacci extension) Stop-Loss (SL): 5850 (above FVG high) Monitoring: Track the price daily and adjust based on new market information. Documentation: Record trade details and observations for future analysis.
IDX:BBNIShort
by Phoenix-Rise-Trade
$ACES price to date 25th October 2024Based on Fib Time Zone • 0 – 1 = RALLY Time : 04/05/23 – 23/08/23; Close Price : 424 – 726 • 1 – 2 = BASE Time : 24/08/23 – 01/12/23; Close Price : 730 – 725 • 2 -3 : RALLY Time : 02/12/23 – 21/03/24; Close Price : 690 – 885 • 3 -4 = …… (predicted to be BASE ) Time : 22/03/24 – 25/10/24; Close Price : 880 – not far from 880-850 then the IDX:ACES price on 25th October 2025 predicted not far from 880-850 so that from the price position when this analysis was made there was an increase of 14,48%
IDX:ACES
by tandrylaksana
BRIS (VCP - 22W 29/5 3T)I bought my positions today August 21, 2024 Reasons: 1. Low-risk entry point. 2. Confirmed stage 2 uptrend. 3. Has gone through its majority line of supply. 4. Moving on its own drummer, the stock went up +100% in the last three months while the index correcting -3%. 5. High relative strength. 6. Volume dries up as less supply coming to the market. 7. A decent volume on the breakout. Flaws: The general market is still at risk of going into a minor correction. This is a textbook VCP with clear contractions and entry point. The stock closes weak and squat below the buy point which still normal. I like to see if it can holds up and follow through.
IDX:BRISLong
by rifqonr