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Monday, 21 December 2009

Bad News & Good News

Hi guys....

Today IDX went down & a lot of panic selling happened this morning. Well, as I observe today that most bluechips touched its lower band of Bollinger Band.

Especially ADRO, the bad news is that ADRO closed lower than previous, the good news is ADRO might go up tomorrow, as the MA20 is a valid rebound for ADRO, as it always gets the Bollinger Bounce. Then it's a good opportunity for us to gain then.

For most Bluechips, you can buy tommorow as lower band is touched, Morning Attack is a good strategy then, as lower band will oftenly create a bollinger bounce.

In addition, ADRO's Bollinger is narrowed, thus, it will be shocked soon.

Happy Investing^^
Disclaimer ON!!

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