Friday, November 13, 2009

BUMI strike back

BUMI stocks seem to have a strong defense from drop further. This might indicate BUMI have a strong signal for reversal in the next coming days. I saw signal MACD blue cross over the red line showing signal to go up. MA 50 also going down to around Rp. 2,825 look at graph below. Additionally, fundamentalist might say its cheap with PER cheapest among the coal company. Buy and keep until you get christmas present on earth (BUMI), where santa coming to BUMI on december. . Happy trading.. Will I Am Chen... GBU
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