Utilizing the AFL amibroker to predict or analyse stock IDX movement | Memanfaatkan amibroker AFL untuk memprediksi atau menganlisa pergerakan saham BEI
Now consider the JSMR stock. Until today (18/06) JSMR stock formed round bottom chart pattern. If today (21/06) will be breakout above its neckline then round bottom pattern chart confirm and the target is IDR 3,150 . If it is not will form a cup and handle pattern.
Harami cross is a moderately reliable candlestick pattern which indicate the reversal of existing trend.
A confirmation of the reversal on the following day in terms of a lower close would be needed to prove that the trend may be in a reversal.