Today SDRA slided down by 10 points. Unlike its usual behaviour that it didn't follow the other to slide down.
This share is actually creating some reversal point as we're waiting the time of it to reverse. It's due to the MACD Histogram has been at the bottom most of the graph.
Where as the bollinger band is still holding the candle inside & it's above band. This will create a bollinger bounce soon as a reversal pattern. So there are two indicator that shows the reversal.
Just wait for the reversal...
Happy trading...^^
Disclaimer ON!!!
Tuesday, 3 November 2009
BUMI is unclear!!! IHSG was skidded by it...
In the morning/early in the 1st session BUMI boomed upto 2450 which became today's high. So do all the B7 and most stocks,they grew up early in the morning. But they were slowing down as the afternoon came.
After the 1st session, most retail traders were cutting their loss at the 2nd session so do most mafias that dropped their stocks, which means they're holding cash for meanwhile and out of stock.
This might be a good or a bad sign. A good sign, if the mafias buy back at low price & sell them hihger which means the price will be higher. Then, it will be a bad sign, if some mafias that still own stock dropped the price again.
Hopefully they only forced sell early & sell higher like they did before...
Happy trading...^^
Disclaimer ON!!!
After the 1st session, most retail traders were cutting their loss at the 2nd session so do most mafias that dropped their stocks, which means they're holding cash for meanwhile and out of stock.
This might be a good or a bad sign. A good sign, if the mafias buy back at low price & sell them hihger which means the price will be higher. Then, it will be a bad sign, if some mafias that still own stock dropped the price again.
Hopefully they only forced sell early & sell higher like they did before...
Happy trading...^^
Disclaimer ON!!!
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