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!!

Simple Volume Analysis

Here are some stocks analysis based on Volume Analysis:

• Bullish:
• If the price is INCREASING together with the BIG Volume
• If the price is DECREASING together with the SMALL Volume
• Bearish:
• If the price is INCREASING together with the SMALL Volume
• If the price is DECREASING together with the BIG Volume

Well, this analysis can't be use solely, but it can support other indicator in confirmation.

PGAS back in analysis

After PGAS rallied for some times weeks ago, then it had just turned down. Well, so far there's no indication that PGAS will go down so soon (Bearish hasn't been seen).

Fundamentally, the additional income it will earn for the newly signed contract will be an attraction for investors to buy. As well as the consumption of gas has increased since the scarcity of the oil.

Technically, PGAS formed a long black candle at the last day trade with a declining MACD histogram. In addition, it has almost touched the declining trendline, which is the caution & might be a happiness. Well, once it breakdown the 3700 downtrend support line, it will test the parabolic SAR to confirm the Bear at 3675. Then after both are broken, it will attempt to go down to 3575, which will be a good point. But let's not talk about the worst condition, let's say that it will stay there. & only will go down for a short while, then the next down target is only at 3700-3725.

But based on the other indicator which implied that PGAS is slowing down & we still don't know the length of the slowing down. Then it's better to take your profit for this moment.

Remember, the buy point is not far away. And it might be a bad situation if any bad news come.

Rating:

Sell On Strength, TP 3775-3800.

Buy On Weakness at : 3550-3575 (support)

Target mid-term: 4100-4200 (by OD)

Happy Investing^^

Disclaimer ON!!!

BUMI

Totally got no idea about what's going on with B7...

These days, their firms are doing a lot actions in order to reduce their debt, like right issue, debt restructuring, etc. One word to describe their stocks is "DOWNTREND". No doubt that even no analysis is put in their chart, people will roughly say that it's downtrend. Even in a downtrend time, we can still trade a bit to earn some cash dough.

As it's analyzed that BUMI might correct a bit at the next trade, beware that it might go down. This stock might go up for short while & more probably to go down in mid-term to long-term.

Look at the chart where it might show you a rebound will happen.

The support trendline is quite valid as tested for several times & it rebounded. We can use this momentum to speculate. The other thing is that 2100 is the strong support. As most indicators are bending upward, use this momentum to earn a bit. Remember don't put too much on it.

Rating: Speculative Buy, Buy at: 2000-2150, TP: 2300-2400, Remember don't put too much on this stock.

Happy Trading^^
Disclaimer ON!!!

TLKM ongoing

As my analysis of TLKM at November 15,2009, I told you that TLKM was heading to 10k. Finally, it was proven 3 days ago,when it touched 10k. And it seems that it won't go down a lot this time. But remember, as TLKM is one of a great stock to be kept, you should know the best time to entry.

Well, as I updated my blog using mobile,then I won't show you the chart. Rough analysis of TLKM is that it is in a bullish condition, at almost on peak of the transaction. And it's the time for people taking profit. You can wait for a while after the indicator confirms the entry.

Once the entry point is seen,enter directly don't wait,but don't buy too much,unless it suddenly go down,ou can average down again.

Anyway, this is one of my favourite stock which earned my quite much money.

Have a great weekend...
Happy Investing^^
Disclaimer ON!!!