BMRI Analyse

Oct 17, 2023

Currently, the movement of Bank Mandiri (BMRI) shares is experiencing sideways and forming an Ascending Triangle Pattern in the range 5950-6100.
If BMRI manages to close above 6200 it will go to 6500-6600

Nov 21, 2023

Note

BMRI gets a decline to 5.650 due to sentiment regarding the increase in the benchmark interest rate announced by Bank Indonesia in mid-October.
Currently BMRI has returned to position 5,900 since this idea update was made and will return to the target that i made before

Dec 4, 2023

Trade active

BMRI price is 6.000 today

Jan 8

Trade closed: target reached

BMRI has reached my target in 6500-6600.