Theory of adjustment

ASIA stock exchanges showing a great reduction on Friday, where IDX has closed for Idul Adha. However, this depreciate will affecting IDX today to show some adjustment for holiday close trading. Any increment today on ASIA will adjust in later time or tomorrow. This adjustment theory will be applicable on normal trading as well, whereby if many regional are red but IDX green for sometimes, it will be adjusted in later time where regional might up but IDX was down. IDX consist many speculators or traders than investors, so fluctuation might be greatly within any day. So becareful on trading ... Happy trading Will I Am Chen... GBU

Stock on the move

After been a while stop for trading due to health reason. I am coming back now... Stock on the move identified is still SOBI Rp. 1700 next will be Rp. !,750 which showing a good uptrend. So keep on holding for those who hold it. Next CPIN has consolidated for a while, now many traders has returned to collect this stock. CPIN still safe to hold as its did not fall below MA 50 line. Its look like break down but goes up very high today, means someone control its prices. Hope will boost up fast for tomorrow trading. . Happy trading all the best.. Will I Am Chen ... GBU

Bakrie 7 on the move

Analyzing so far indicate Bakrie on the move will move upward and uptrend more than the previous high record. BUMI, DEWA, TRUB and UNSP already reach exactly at MA 50, so heading forward Rp. 3,300 then. UNSP Rp. 1,000. next DEWA 235. TRUB 196. BNBR is currently under MA 50, so might not be so fast for temporary. However I think we can speculate and accumulate its until its MA 50 at around 117, definitely it will go there as all the rest of bakrie have arrived there.. All the best ... Happy trading... Santa Clause is coming to town.... GBU

Bakrie 7 for tomorrow

Bakrie stock which goes MA 50 will be DEWA, UNSP, TRUB, and BUMI. The closest one will be UNSP. I am confident that bakrie stock will return to its highest price within this year. Buy and keep do a bit investment for the end of the month. . Will I Am Chen... GBU

UNSP (Look at chart below)

UNSP ready to move to MA 50. Most of stock moving or breaking this area, the price will move high up. Its current MA 50 is around Rp 810. There is a doji showing reversal before. MACD is ok. So just wait for the time to cross MA 50 to make this stock fly upwards... HAppy trading Will I Am ... Chen... GBU

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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

Flying Chicken

Cpin as analyzed before. Yesterday shown an increase to Rp.2200 which break the resistance level at Rp 2100. Today break again Rp. 2,300. What is this indicate? This stock seems to move to Rp. 3,000 in the short term. Confirmation to move high after the stock has shown a strong consolidation price at level Rp. 2,000 to Rp 2,100. Breaking new level at Rp, 2,200 yesterday might show signal to Rp. 2,500 first then Rp. 3,000. Any correction might a good time to enter this stock. Additionally its fundamental is very strong with profit half of its equity around 1 T to 2 T respectively. So, go Rp. 5,000 flying chicken flying with many wings... happy trading Will I Am Chen... GBU

Bumi rebound

After four days in red color of candlesticks, at last BUMI rebound today for more than 12%. This is the idea for playing rebound, whereby I have explain before that four days down 90% a shares will rebound in the next day. After rebound, what should we expect is correction, so be careful for correction tomorrow.

The technical did not work here for BUMI today, as its was breached the bottom yesterday at Rp. 2,200 and closed below. But the result is huge increase for today rather than down trend. What can we do here is to find out the theory of technical of reversal. . happy trading Will I Am Chen... GBU

Sobi

Sobi chart shown an uptrend. This stock can be speculate because its moving toward its one year high at Rp. 1,750. Yesterday closed at Rp. 1,460 while its need to break the level of Rp. 1,480 in order to move to Rp. 1,750. The regional for today seem to support this stock to move up at least 3o point in order to break Rp. 1,480 and move to Rp. 1,750... All the best Happy trading Will I Am Chen... GBU

Medc

Medc energy is an oil producers company. The chart showing some signal on reversal in Medc. As we can see that medc medium term support is at around Rp. 2,600 (see graph below), with a resistant at around Rp 2,800 for tomorrow. Additionally I saw there is a doji star on candle stick arise from yesterday trading might indicate a signal for reversal. Downtrending for long time would change to uptrending if the doji star arises from candle stick pattern.

Fundamental of medc is still good and showing profit. So, the only problem to go up is the time. Do not wait, time has come be ready and get more profit for coming days. . Happy trading... Will I Am Chen .. GBU

How is market work?

Market is a place of buyers and sellers meet together in exchange of goods and services. The works of market is that if there is one person gain, the expense will be another people. This is similar to stock market as well, whereby many transactions took place within a second. if the market price is up then consider many will gain. How if the market is fall? cut loss? another people gain by selling faster? Hence, the market system will not let all people gain forever because there is no stock that goes up every moment. . This is true such as if i earn money, then u spend money.

The matter of stock is not about I gain and you loss but rather it is about the timing process that matter. Timing is the most valuable moment in stock trading, whereby if you late to sell will cost you more or you earn lesser. Most of the time we think about the gain, but the problem is about the time when you buy and sell that give you gain.

So, the thought of the day is about what time to buy stock? and the most appropriate answer is nobody know. But what can we do is to study the time and surely after 4 o'clock the price of stock is the same. . all the best Will I Am Chen... GBU

Funny story for understanding stock

Once upon a time, there is a richest man in universe ever born on earth. He is richer than anybody ever live on earth, as you can name it Warren buffet? Bill Gates? William Chen? are you sure, I think the last was incorrectly added by the author, some may add "ai au lo". As you know warren buffet richest more derived from stocks, and Gates more on his company microsoft? William Chen no idea hm.... since mistakenly written, so richest too among the poor.

Back to the original story, oh ya his name without proudly present is catcut (potong kucing in Bahasa Indonesia). How nonsense name can be the richest man in the universe? , but fortunately it is not about the name that matter. So, it is about the potential of any man who have opportunity to be the best. One day he visit best book store in town and saw warren buffet face on a book cover. He is wondering why his face never shown up on newspaper or any books? May be to be well known I have to do things like buffet, he thought.

A few minutes later, he opens the first page of and notices that buffet is an investor with area in stock market. The problem is what is stock? He remembered last time professional accounting lecturer taught him that stock is similar to inventory, whereby a company buy and sell an item (e.g. furniture). Additionally, he thought stock related with beginning stock? ending stock? purchases? returns inwards? returns outwards? and so on. So, he read the first chapter and see to be continued... Will I Am Chen happy learning.. GBU

Bakrie as santa clause?

Wow great bakrie stock has giving signal of stop downtrend. . the ability of to maintain from further drop will enable bakrie 7's to stop downtrend and start to go up again. For example BUMI has shown a better candle stick from previous date trading at RP2,425 as Rp. 2,475 closed today. . Will it indicate to go up. . It wise to keep if you buy at low than Rp. 2,400 any consolidation (up or down) will produce a uptrend. . Lets hope for strong maintainance in this level, and produce a strong uptrend for later. . Keep this stock till santa clause is coming to your town, I mean december ha... happy trading ... Will I Am Chen... GBU

BUMI are you ready?

Today for BUMI support is still at Rp 2,200. And it is anticipated this stock will consolidate upward till Rp. 2,550 resistant, but afterward be careful, it would safer to speculate for today unless would like to invest till December when Santa Clause is coming to town. Its MA 50 still upper the candlestick and at around Rp. 2,900 (look at below updated for BUMI chart). All the best .. keep on faith and happy trading Will I Am Chen ... GBU

Where did bakrie goes?

after downturn for many days, bakrie stocks seems like oversold area. Current trend seems like bakrie will try to prevent further drop in market. Ability to maintain in this level would enable bakrie 7 stock to make reversal trend to upward. Dont be late to enter lets hope for better market tomorrow then at least bakrie will come out from hospital and enter its palace again... all the best happy trading WIll I Am... GBU