Buy area at 2480-2460 Stop lose if break 2300 TP at 2850 for 1 week (swing trade)
On 28 September 2021 at 14.00 WIB, Bank Agro will hold a meeting with shareholders (RUPS). with agenda, discussion 1. company name change 2. Super apps launch
With this good catalyst, we can assume that market players will increase AGRO's stock price. AGRO
Note
correct: on 27 September 2021
Trade active
Due to the hype of traders and investors, this morning's stock price did not manage to correct (according to the target), so it was possible to entry in stages, the first stage can be entry at 2530-2520. And the second stage can be entry at 2480-2460.
use money management
Note
The results of today's RUPS include: 1. change the company name from "bank agroniaga" to "bank raya" 2. the company conducts a rights issue. the company plans to issue a maximum of 2.15 billion shares with a nominal value of Rp100 per share which will be offered through the PMHMETD. The number of new shares issued is equivalent to 9.96 percent of the issued and fully paid-up capital of the company on July 31, 2021.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.