Bullish Bias on BRIS

A mega merger Indonesia's owned state company seems to continue their bullish run after made a corrective movement that stopped with the double bottom formation exactly at fibo internal retracement zone from their primary bullish trend (A to B). 4000 would be a sweet spot as the target price of this market. Buy on weakness should be your consideration as long as the price not to going down and close below 1600 as it's invalidation value
BRISChart PatternsidxindonesiaihsgTechnical IndicatorsJKSETrend Analysis

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