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ITMG foreign buyers

Today I notice many foreign entering ITMG shares, but normally foreign are weak in speculating ITMG. Will tomorrow is the day for correction in ITMG again?. This is happen when foreign entering ITMG after its dividend date until around Rp 24,000 . . Will I Am Chen... GBU

FTA - Faith Technical Analysis

Remembering the following phrases "

1. Matthew 17:20
   He replied, "Because you have so little faith. I tell you the truth, if you have faith as small as a mustard seed, you can say to this mountain, 'Move from here to there' and it will move. Nothing will be impossible for you."
   Matthew 17:19-21 (in Context) Matthew 17 (Whole Chapter)

The above parable remind me sometimes, we need some faith in playing stock. How to have faith is different from optimism more than that. So, check your faith sometime it can move BUMI too ha... Sometime it need more than technical analysis, just add faith so become FTA would be better lo... happy trading Will I Am Chen... GBU

Strategic trading for rebound

Inspired by the word "badai suatu hari akan melunak". Trading strategy for stock that already drop for many days normally three days or four days consecutively, surely one day will rebound - badai pun menyerah. This is applicable to blue chip stocks if you notice three days red candle (drop), signal for rebound; four days then even more sure 90% up, with the condition if market not crash like before. Three black crow, will be one white dove the next day at least. . Now go find blue chips drop for 3 days and get 1 white dove back here... happy trading ... Will I Am Chen.. GBU

BUMI at last go green

Wow BUMI at last touch Rp. 2,200 the best point to enter (see attachment on graph below), but I enter Rp. 2,400 and 2,300. Not a best point but a good point for rebound. Technically BUMI will rebound at least, but not confirmation for uptrend yet. Confirmation will be on Rp. 2,725 very far. But BUMI will be heading to Rp. 3,000 back in the near future. BUMI and bakrie stocks were oversold, any rebound will be high up and importantly foreign have out of stock in BUMI. BUMI closed at Rp. 2,475 within black wednesday market, showing a strong bull pushing upward. So, never forget go green, plant more trees, save our earth BUMI.... happy trading Will I Am Chen... GBU

BUMI 2400

BUMI already reaching target at Rp2,400 any more correction might not be so major. However, three days correction might produce at least one day rebound. According to trend line, there is a big support on Rp 2,200. But today should speculate buy with the assumption of three days black candle. Hope will rebound a bit for tomorrow. . It is cheap already to buy than before at Rp2,700. And surely no body know the best bottom support. Will I Am Happy trading... GBU

A bit on trend analysis

Sometimes trend analysis might not showing what should happen in the stock prices , but rather showed a contrary or reverse result. This is such as example of a trend line breaches its bottom lowest prices, would indicate the price to drop for the next coming days. However, the market showed contrary, it is rebound in the next days where many shares goes up. The problem is not the trend as the trend would mean downtrend, with a bit fluctuation up and down but at the end its down (downtrend). So break lowest prices it will go down further for next coming days, but break high prices will increase the prices in the next couple days. Remember not one day. Hope this lesson will help the reader to gain insight on stock. Any comment pls give me my students or any other readers to improve trading skills. All the best WILL I AM Chen.... GBU

ITMG miss prediction

After dividend date, many foreign buy ITMG shares for speculative rather than buying before dividend date. Foreign showed a contrast point of speculating where buy after dividend and sell before dividend date. This is a poor strategy on trading whereby many times i noted foreign always loss in speculating ITMG buy higher then sell cheaper. So the enter of foreign in ITMG might not help the shares to boost up. In conclusion just trust the local players for ITMG. happy trading all the best... WILL I AM Chen

Feed the chicken, it will be more expensive

Wow CPIN arrive at RP2,025 today. It will be good point for the chicken to fly again tomorrow. Tomorrow will be predicted to go to Rp2,100. It is still showed a strong buying level. Every break higher level will showed uptrend in stock price. Pst... the chart indicator showing a similar trend with BISI last year speculative prices to Rp 5,000, it predicted this chicken will be as expensive as Rp 5,000 too, safer will be Rp 4,000 runaway point. Lets check it out tomorrow... all the best happy trading WILL I AM Chen... GBU

The strength of chiken (CPIN)

CPIN shows continuous uptrend, close at Rp1,810 and will heading to Rp2,000. This uptrend showing indicator to buy. Consideration will be on BISI, the subsidiary of CPIN which moved to R5,000 last year. Will this year be the year of CPIN Rp 5,000?. . . Rp. 2,000 happy already la... few lots in market make it easy to push upwards... happy trading Will I Am Chen... GBU

ITMG updated

ITMG will continue to move on. Today close at RP24,400 and will be heading to 25,200 which is its resistant for tomorrow.. Surely it will breach the resistant at Rp25,200 because of its high dividend sentiment. If breached then next target will be Rp 27,000. Regional might be supportive to shares and confirm will break and investors could keep on investing till dividend date at 20 or 21. Hurry in before late. Happy trading and investing. . Will I Am Chen

Right Issues

what is right issues (RI) ? it is not the right to issue newspaper. In stock, RI is the right to issue additional number of shares based on current available shares. In other words, if a company want to increase its capital, they can issue additional stocks by allowing the shareholders to exercise some right for new shares. For example right 3:5 means shareholders should hold 5 shares in order to issue 3 new shares. Holder might hold until passing certain date such as 31 may, then they must provide additional funds to exercise the new shares.

The price of new shares was decided by the company if the right issues is at Rp 1,000, and holders keep the stock until 31 may, then tomorrow they will get the right to issue new shares. The right can be traded normally within 1 week, if after the end of trading price the right is only value at Rp 200 then shareholders should add additional Rp800 for one share.

In stock market, company which hold the RI corporate action, will boost the current shares price before the RI, and after the RI the stock value will drop as the shares becomes more. Suggestion is buy 1 week before RI and sell at the 1 day before RI. Happy trading ... Will I AM Chen...

BUMI

Bumi stock currently might be at risk with many foreign target its price to drop till Rp1,100. But this stock might not be so cheap, suggestion for accumulation might be at Rp2,400 before its go up again. Foreign will keep on sold so be careful if its breaches Rp. 2700. Rp 2,400 quite cheap already lo rather than late to buy if its fly... Happy trading William Chen

ITMG hold for dividend

ITMG will be a good investments for temporary until its cum dividend date at 21 Oct for RP680. Suggested accumulation is at around 23500-23800 and keep till 21 Oct. Normally foreign will accumulate stock giving distribution or diligent in sharing profit as dividend. This stock currently play within the range 23500 - 25000 with sideways trend. Accumulation at bottom at 23500 might be a good idea... happy investing, trading, and speculating ... William Chen