Friday, January 8, 2010

BUMI (2.925).....Ready For A New Bull Med Term???

Note: BUMI chart weekly. ADX daily is strong, weekly weak = Rebound Potential Is Limited on 3.275/3.590 (38.2% Fibo 385-8750), notice an oscilator's signal is crossover BUY, had breakout bearish pennant,a weekly long bullish candle = a bullish continuation for next week, wave impulse iii/3 intermediate on uptrend channel minor. Any corrections are for buy & hold / invest. Ready for a New Bull Trend???
Globalmarketstrategist.blogspot.com
More Detail on Technical Analysis BUMI 2010 (Prospek Saham & Investasi Global 2010 PT. Universal Broker Indonesia Securities; TF) will be release next week.

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