BANK MANDIRI (PERSERO) TBK
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BMRI - CUP AND HANDLE

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BMRI has made a cup and handle pattern and has breakout.

Potentially longterm BMRI will go to Rp12,100 (last target).

But before we see BMRI moving upward, we'll see a retest on the area Rp10,300-Rp10,350. And that's where I will be putting my trades on.

Take Profit target 1 is at Rp11,000 & don't forget to set breakeven.
Stop loss is area Rp10,150.

This is a 1:4 risk ratio trade.

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