BUMI can be called as "The Big Momma" stock in Indonesia, we can see that it always achieve the Top Value in Indonesia, no matter bullish or bearish. Besides, BNBR as the "The Big Auntie" stock, who gain the top volume, BUMI is the most speculative stock in IDX.
A lot of people become a sudden rich and a sudden poor because of this BUMI stock. In addition, 2008 is the time that create the historry of "The Big Momma", which price rallied up til around 8k and rallied down til 385. Even one of my lecturer in my Campus who are still holding 200lots of 8k share of BUMI.
Now, BUMI is in bearish condition, it may create some correction, but this won't last long until it gives the bullish signal, yet the correction time can be used to take a little bit of profit.
Lastly, always beware of this stock because it's so fluctuative. Happy trading...^^
Disclaimer ON!!!
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