". Trading The Lines: Scenario Bumi Resources (BUMI.JK)

Friday, December 18, 2009

Scenario Bumi Resources (BUMI.JK)


Many investors Hate but Love with this stock. How can like that, because BEI / JKSE without Bakrie group (BUMI.JK, UNSP.JK, ELTY.JK, BTEL.JK, ENRG.JK, DEWA.JK, TRUB.JK) stock market in Indonesia will was bland as in the cemetery.

BUMI.JK, and other Bakrie Group is now in bearish zone both in technical analysis and fundamental analysis. Rumor few shares bakrie group will do several Corporate Action (CA) in the future, such as the Right Issue.

How about BUMI.JK, how scenarios in next week?

BUMI.JK now in the line between heaven and hell, many investors are confused between hold or cut losses on this stock.


(BUMI.JK Figure 1)

Very clearly, BUMI.JK support line, was in 2225 and has touched on the trading day Thursday (17 December 2009).
This is the line between heaven and hell, if break down support line, BUMI.JK will fall into 1700, or will rise to 2500, when there is reversal in the line.

Monday (December 21, 2009), the possibility BUMI.JK stock prices, will be opened down.
In other words, the support line will pass, see figure 2 below



(BUMI.JK Figure 2)

Tolerance limits BUMI.JK price decline in 2150 and I refer to as the last support line.
if the support line is broken, welcome to hell, because we can't do "short" transactions in the BEI / JKSE.
Cut loss is a wise action and buy again when reversal.

This is only my prediction, right or wrong no one know.

2 comments:

gara gara on December 20, 2009 at 6:40 AM said...

mampir dengan BUmi dan Dunia

Honda generators on November 26, 2010 at 6:04 PM said...

thx infonya

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