Monday, May 18, 2009

BUY AT SECOND PULLBACK NOWWW!!!!!


Now IHSG (Indonesia Stock Exchange) in very-very BULL POSITION!! Looks Black line between two lines (A and B). BULL trend has been formed. Line A has been touch 3 times and line B has been touch 2 times, and BLACK LINE MOVES UP, then it calls BULLISH TREND!!

Since 16 April The VOLUME of transaction getting TIGHT!! Far above 200 average volume. Set your cut loss position when Black line move below MA30!!

Now its second PULLBACK TIME, black line touch line B. You can buy now or you need to wait two weeks again!!

Stock that you can Buy:

ANTM (Aneka Tambang) under 1750

SGRO (Sampoerna Agro) 1670

BUMI (Bumi Resources) under 2000

INCO (International Nickel) 3150-3250

TINS (Timah Tbk) 1800-1900

Next target IHSG GOES TO 2300!! You can sell when it reach that points!!

Technical analysis!!

1. Moving Average 30, 40 and 60 already crossed up by candlestick BLACK line but MA line getting side ways and still moves UP!!!

2. Commodity Channel Index moves above 100 lines since Two weeks ago!! Watch its already go down below 100 aka profit taking, you can buy there!!!

3. Bollinger Bands upper line touch two times!!

4. Relative Strength Index still above 70% that’s still BULLISH for about one months!!!

Now its time to buy!! WARNING-WARNING BUY NOW OR WAIT ANOTHER WEEKS!! HAHAHA

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