Sunday, April 5, 2009

STILL BULLISH TILL THIS WEEEKKK

How much gain you receive this week! I already told you before right!! CHECK THIS link! Watch out profit taking will occurred next two or three days again!! My suggestion sell half your stocks and buy again when MARKET get down, do not worry its still in BULLISH TIME. BULLISH until when??? Wait after good news of G20 meetings that to give financial assistance to developing countries move away!! After that lets We see The Market go back down or up. I am afraid there is not good news after G20 meetings. Watch out HOLD half your money!


Positive market response to the perpetrators of the G20 meeting is also a momentum for the return to capital markets skittish. I expected on this week is still able to hold strongly following a positive sentiment that has emerged both from within and abroad.


Indonesia stock exchange chart


Learn Technical Analysis below, and watch picture above:

1. Moving Average 30, 40 and 60 already crossed up by candlestick!!!

2. Line 1446 with candlestick formed “A BIG CUP”!!

3. GOLDEN CROSSS, GOLDEN CROSSS, what is that check here!!! If MA30 crossing up MA40!!!

4. Oho CANDLESTICK HIT TWO TIMES upper line of Bollinger band, that’s indicate trend is change to BULLISH!!!

5. Commodity Channel Index moves above 100 lines since two weeks ago!! Watch its will go down below 100 aka profit taking!!!

6. Relative Strength Index going up then it will reach 70%, watch for profit taking!!!

My suggestion buy mining sector and agricultural sector, like PTBA, ANTM, INCO, TINS, AALI, SGRO and INDF!!! BUY when Indonesia Stock Exchange (IHSG) candlestick back to 1446


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