LQ45: POTENTIAL BRIGHT BULLISH OUTLOOK FOR INDONESIA STOCKSHello Enthusiast Indonesia Stock Investor/Trader. Here's free outlook for potential Index Movement. Please give us thumbs up, follow, and comment your opinion on the outlook to support the channel. Let's GROW TOGETHER to become matured trader :)
LQ45 is an Indonesia Stock Market Index which consists of 45 liquid traded stocks. LQ45 could be use as an indicator for forecasting potential Indonesia stock outlook.
LQ45 has broken out of the bullish flag. Afterwards, LQ45 retested the structure and broke out of the near resistance. The MACD indicator already crossed above the zero level area, it signify the potential bullish bias on the index.
The roadmap will invalid after exceeding the support/target area.
DISCLAIMER:
THIS IS NOT A RECOMMENDATION TO BUY OR SELL THE INDEX.
Saham
IDX : ERAA BREAKING THE HEAD N SHOULDER PATTERN !!ERAA weekly chart show us that there is Head and Shoulder pattern (Reversal Pattern From Bullish To Bearish) and already break the H n S neckline.
Thats mean ERAA will going to the target area HnS at price 380-390 in the long game (Weekly).
Stochastic indicator in weekly already Oversold, so there is a chance price will have a short Rebound to the Neckline Area.
Disclaimer ON.
INKP: The Advancing Phase & Recovery After Covid-19 Pandemic EraHello Fellow Global Stock Investor/Trader, Here's a Technical outlook on Indah Kiat Pulp & Paper!
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Technical Analysis
The Previous Breakout of the Bearish Trendline is confirmed as the starting point of the bullish trend. After breaking out of the bearish trendline, INKP has broken out of the bullish continuation pattern (Pennant) with an impulsive rebound on the upper trendline, indicating a possible upside movement ahead. Furthermore, stochastic made a golden cross, signifying a potential upside movement to the target area.
Fundamental Drives
Increased 65.58% of its Net Income (Compared to his latest 9 Months Performance in 2021)
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 INKP"
ADMR: Can it Be The Start of the Markup Phase?Technical Analysis
After moving in the sideways trend for a while, ADMR made a descending broadening wedge pattern. Furthermore, ADMR has broken out of the Falling Wedge Pattern. The Breakout could indicate a possible starting point for the Markup Phase. The Markup Phase is the stage of price breakout of the trading range and starts to rise steadily. Therefore, we are forecasting a potential upside movement to the target area.
All other explanations are presented in 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 in the ADMR"
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IDX $AGII Rising Wedge Potential Breakdown$AGII of IDX
Technical:
Rising Wedge breakdown followed a textbook ABC pattern
Breakdown will result in freefall to a strong first support at 1400 area, followed by a failed attempt to push past the bottom channel of the wedge and will start another freefall to the next support at 800 area inside 0.618 fib area.
Fundamental:
The trigger would likely be the (next) earning report as evidence in decline of EBITDA over the subsequence quarter which has little hope to reclaim record earning at Q3 2021
Q4 2021 exhibit a poor earning performance(-25% from Q3) but followed by a to new ATH at 2500. The (low volume) markup most likely mark the start of distribution phase to from institution to retail whom realized the declining performance of the company and increasingly unhealthy interest payment coverage by its operating cash flow (EBIT/debt interest : 1.7x)
AGII's EBITDA
Q3 2021 275
Q4 2021 204 ↓
Q1 2022 184 ↓