After being pushed down by the F seller with a 80k lots downforce, finally ASII create a strong upward reversal. And the MFI Optimized showed a confirmation of buy right at the price around 47xxx, which happened early in the morning.
Yet, ASII become one of the best performing stock today & yet it increased very solid & yet tomorrow might be a good time for us to re-collect again. Today I entried the market again after a very strong upward reversal.
Rating: Buy On Weakness; Entry 48500-48750, SL: 48100-48400, TP: 51250-51800
Well, for the JKSE itself, we can see that it has been back to the track. After two days ago it went off the track, yesterday it showed a reversal pattern with a white candle with the bullish confirmation at today's strong white candle.
Yet, the decline days ago caused the decreasing of validity of the JKSE at its track become 76% from 96%. But still this is quite reliable, with a possiblity of random around 25%. While watching the happening of the 25% of possibility, we can still earn profit. But remember, once we've earned 3-10% of profit, we can go & see for a new another stock.
Yet, the MFI & other indicators are showing a oversold indications, yet some indicators are showing reversal pattern & buy signal since yesterday.
TP: 3135-3165
Happy Investing^^
Disclaimer ON!!!
