Whether Barito Pacific Continue to Uptrend

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Whether Barito Pacific Continue to UptrendPT Barito Pacific TbkIDX_DLY:BRPTaditcarabaBRPT is currently on downtrend channel, we can see since Dec,8 2025 until Mar,12 2026. There are several market factors that drive technical pressure. Why this matter? BRPT stock just tumble more than 70% from all time high level (ATH), for swing trader this is a good chance to making money, but isn't simple as that, for me risk management is still very important. For technical analysis perspective, I am using fibo channel to specify support level. in forward, BRPT will test (fibo 0.382 > 2,040) as resistance target in the short term. I am seeing price up follow with high volume which is a good sign. Then, fibo 0.382 same with MA200 line. Next, if BRPT exposed profit taking and correction continue, I assume MA50 (1,775) and MA20 (1,615) - line, will be seen as further panic by traders. Well again, I assume fibo 0.236 as the best support to see if uptrend sign not break in the short term. In conclusion Any correction is a good opportunity for next accumulation IF BRPT price didn't break below 1,210 level. Disclaimer on: This information is for educational and informational purposes only. It does not constitute financial, investment, or trading advice.