ADRO - VERY COMPLEX BIG WAVE 4

PADA POSTINGAN ADRO SEBELUMNYA, WE SAID: WE DON'T LIKE ANY PULL BACK THAT CLOSE BELOW 2100 & IMPORTANT TO WATCH:
*MACD MUST TREND UP NEXT WEEK TOGETHER WITH PRICE RALLY.
*MACD CANNOT CROSS BELOW CENTRELINE 0.

WHAT HAPPEN IS MACD FAILS TO TREND UP & CROSS BELOW CENTRELINE 0 CAUSING A FALSE BREAK 2100.

LAST WARNING WAS ON 26 AUG:

suzanna: pagi pa Willy, pa adro gimana, kelihatannya asing banyak akumulasi. tx

WillyScofield: @susan:ADRO asing sell hr ini,yg asing buy PTBA.Support ADRO 2000 kl jebol bs koreksi lebih dalam.ITMG & PTBA sudah mulai rally,ADRO tunggu BD msk aja

Details 2010-08-26
PRICE DID BREAKDOWN 2000 & ALSO BREAKDOWN TRIANGLE, A REAL BREAKDOWN WITHOUT A PULLBACK.
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NOW WE HAVE DRAWN 2 CHANNELS (GREEN & RED CHANNEL):
1. A GREEN CHANNEL SHOWS SUPPORT AROUND 1750-1800. PRICE SHOULD REBOUND IN THIS AREA IF ADRO WANTS TO KEEP THE BULL WAVE UP (LABEL: ALT WAVE B).

2. A RED CHANNEL WILL BE USED IF THE SUPPORT OF GREEN CHANNEL IS BROKEN. IN THIS CASE SUPPORT WILL BE AROUND 1600-1660 (LABEL: WAVE 4C).

PTBA - SESI 1 BREAKOUT WITH BIG VOLUME

PAGI INI PTBA BREAKOUT CHANNEL & MA60 DAILY SEKALIGUS DENGAN BIG VOLUME (BEST BUY 16900). SESI 1 VOLUME SUDAH 400B, INI DIA VOLUME YG DITUNGGU2!!

1ST TARGET 18500
2ND TARGET 19800

BJBR - POSSIBLE WAVE 5 ENDING DIAGONAL

*BEFORE - CHART ON 22 JULY (CLICK FOR DETAILS):
WE SAID: "ADA 2 RESIST SEBELUM 1500 YAITU: 1280 & 1370." PERHATIKAN 2 ANGKA INI DIBAWAH:

*TODAY CHART 24 AUG:
HARGA BERHENTI TEPAT DI HIGH 1280 PADA TGL 26 JULY, KOREKSI TURUN KE 1170, LALU KEMBALI NAIK SAMPAI HARI INI SEMPAT 1380 (1 TINGKAT DIATAS 1370).

WE UPDATED THE ELLIOT WAVE, VOLUME IS NOT INCREASING MUCH, SO THE BEST SCENARIO FOR BJBR IS IN WAVE 5 ENDING DIAGONAL.

AS LONG AS CHANNEL SUPPORT HOLDS, ANY CORRECTION SHOULD BE A WAVE 5-IV, THEN 1 MORE UP TO END 5-V TARGET UPDATED @1430 (DO NOT BE SO GREED FOR 1500).

LAST SWING LOW 1230 ALSO CANNOT BE BROKEN, THIS LEVEL IS A BULL SUPPORT.

KLBF - BREAKOUT CHANNEL GOING UP WAVE 5-V

NICE CHANNEL BREAKOUT WITH FULL GREEN CANDLE. KLBF HAS CHANCE TO MAKE NEW HIGH WAVE 5-V AS LONG AS PRICE DOES NOT CLOSE BELOW STOP LOSS 2275 AGAIN.

TARGETS MIN > 2550. NICE SELL TARGETS AREA 2700-2800.

ALTERNATIVE WAVE:
IF PRICE FAILS TO BREAK 2550 LATER, THIS COULD BE JUST A REBOUND WAVE B.

HAVE A NICE WEEKEND!
GBU ALL

BUMI - BANDAR IS FEELING GOOD TODAY

BUMI +16% TODAY WOW WHO MAKE PROFIT TODAY? WE'RE NOT, JUST THE BANDAR.

HANYA DALAM 15 MENIT SETELAH MARKET OPEN, BUMI +8.5% BACK TO 1400, BANDAR BUY ALL PRICE FROM 1280-1400, JIKA DIBAGI RATA MODAL BANDAR DI 1340. CLOSE 1500, PROFIT BANDAR HAMPIR 12% (MAKIN KAYA DEH SI MR.XXX).

SO EVERYONE MUST BE ASKING THE SAME QUESTION LIKE FANG:
fang Ko Willy, BUMI udh bottom up ya ?? Thks

ANSWER IS MAYBE YES MAYBE NO..... (ONLY THE BANDAR KNOWS HE3x).

WE LABEL TODAY REBOUND AS WAVE C5-iv OR JUST C5-ii FOR ENDING DIAGONAL CASE.

1ST SCENARIO:
C5-iv VALID AS LONG AS PRICE DOES NOT OVERLAP ABOVE 1650. AFTER THIS, C5-v WILL BREAKDOWN 1280 AGAIN TO COMPLETE FULL WAVE C5.

2ND SCENARIO:
IF PRICE BREAKOUT 1660 WITH SMALL VOLUME & A QUICK PULL BACK, C5 STILL CAN TURN INTO ENDING DIAGONAL, THEN WE LABEL THIS REBOUND AS C5-ii ONLY. (C5-iii TO C5-v WILL PUSH PRICE EVEN LOWER).

BULL SCENARIO:
ONLY IF PRICE CONTINUES TO GO UP NEXT WEEK WITH BIG & BIGGER VOLUME, THEN WE MAY LABEL THIS AS A NEW WAVE 1, IF THIS HAPPENS, NO CHOICE, WE GOT TO BE PATIENT & WAIT FOR WAVE 2 TO BUY.

RSI WEEKLY @30, WE THINK RSI STILL CAN GO LOWER BELOW 30.

BUMI - BANDAR MOOD JUST FINE OR BAD MOOD?

IT'S JUST A SAME POST LIKE THE ONE POSTED ON 7 JULY 2010. WE JUST COPY & PASTE HERE AGAIN TO REMIND BUMI'S LOVERS OR NYANGKUTERS THAT YOU'RE ON SCHEDULE.

YOU CAN SAVE -40% FROM BREAKDOWN 2150.
YOU STILL CAN SAVE -30% FROM 7 JULY UNTIL TODAY. (IF BANDAR BAD MOOD? COUNT YOURSELF LATER).

http://besttechnicalanalysis.blogspot.com/2010/07/bumi-support-resist-channel-rsi-elliot.html

*BUMI WEEKLY CHART 7 JULY:
IT'S VERY CLEAR BUMI IS IN A DOWNTREND CHANNEL NOW. SUPPORT 2150 IS BROKEN, ACCORDING TO DOW THEORY, SUPPORT 2150 NOW BECOMES RESISTANCE!

BE PATIENT & WAIT UNTIL INDICATOR RSI GOES DOWN BELOW 30 OVERSOLD AREA & REVERSE TO UPTREND. AREA SPECULATION BUY: 1050-1200.

*BUMI DAILY ELLIOT WAVE DETAILS 7 JULY:
FROM THE TOP 3475, BUMI IS GOING DOWN IN BIG WAVE ABC CORRECTION.

-WAVE A IS A ZIGZAG 5 WAVE DOWN (A1-A5) TO 2100 ON 10 NOV 2009.
-WAVE B IS AN EXPANDED FLAT 3 WAVE UP (ABC) TO 3000 ON 11 JAN 2010.
-WAVE C IS ANOTHER ZIGZAG 5 WAVE DOWN (C1-C5) TO.......

CURRENTLY BUMI IS STILL AT C4, FORMING ANOTHER TRIANGLE LIKE C2. A BREAKDOWN BELOW 1690 WILL CONFIRM A START OF C5.

FINAL TARGET DOWN (WITH BANDAR'S ATTITUDE):
-MIN 1500 (IF BANDAR IS VERY NICE & WANT TO PLAY FAST).
-MEDIUM 1200 (IF BANDAR IS JUST FINE).
-WORST 1050 (IF BANDAR IS IN BAD MOOD).

INCO - POSSIBLE WAVE C5 EXTENDS

CHART INCO COURTESY FROM MR.LEOCHEN:
AFTER MACD DEAD CROSS, INCO STILL CAN CLIMB BACK TO 4400, THIS'S PROBABLY EXTENTION OF WAVE C5 WITH TARGET 4500 & A SMALL CHANCE TO 4750 IF MARKET OVERALL IS GOOD.

NEW TRAILING STOP 4275.

C5 IS A FINAL WAVE UP BEFORE A CORRECTION WAVE STARTS, SO BE CAREFULL WITH THIS WAVE.

OUR 2ND TARGET 4400-4500 FROM PREVIOUS POST IS ALREADY ACHIEVED.

TLKM - NOT MUCH TO SAY ACTUALLY

*TLKM CHART POSTED ON 19 JULY (detail reviews):
"""-TLKM BULL WAVE SHOWN IN GREEN COLOUR WAVE & LINE. CURRENT REBOUND SHOULD BE WAVE 3-iii-1 OF BIG WAVE 3-iii, LATER IN FUTURE WILL CONFIRM BY BREAKING UP 10,350.

-TLKM BEAR WAVE SHOWN IN RED COLOUR WAVE & LINE START WITH ALT=ALTERNATIVE WAVE. CURRENT REBOUND SHOULD BE WAVE C2. AFTER THAT, WAVE C3 WILL CONFIRM BY BREAKING DOWN 6950.

ONE IMPORTANT THING FOR ALL ELLIOT WAVE'S TRADERS, YOU MUST KEEP IN MIND, THERE'S ALWAYS ALTERNATIVE WAVE IN ELLIOT WAVE.

GOOD THING IS FOR TLKM BOTH BULL & BEAR WAVE COUNT POINTING TO A REBOUND WITH TARGETS AROUND 8650 & 9050."""

*TLKM CHART UPDATED 18 AUG:
1ST TARGET 8650 ACHIEVED, BULL WAVE OR BEAR WAVE BOTH STILL HAVE CHANCE TO PLAY.

2ND TARGET @9050, THIS REALLY DEPENDS ON IHSG & MARKET OVERALL CONDITION. USE TRAILING STOP 8500.

IHSG - FORMING SMALL TRIANGLE + INDICATORS TO WATCH

IHSG + INDICATOR RSI BOTH FORM A SYMMETRICAL TRIANGLE: A PATTERN WITH 2 SIDES BREAKOUT.

WATCH CAREFULLY IF RSI BREAKDOWN LEVEL 48, IHSG COULD GO INTO A DEEPER CORRECTION TOGETHER WITH RSI DOWN BELOW 30.

IHSG RESIST @ 3083
1ST SUPPORT @ 3025
2ND SUPPORT @ 2960

AREA SPECULATION BUY @ SUPPORTS: 2700 - 2838 (YEAR 2008 ALL TIME HIGH RESIST BECOMES BULL SUPPORT NOW).

OTHER INDICATORS TO WATCH:
*MACD OVERBOUGHT & STILL POINTING DOWN.
*STOCHASTIC DAILY FAST & SLOW BOTH AT CENTRELEVEL 50 (STILL POINTING DOWN). STOCHASTIC WEEKLY BOTH OVERBOUGHT.
*MONEY DETECTOR STILL POINTING DOWN @ LEVEL 37.
*IHSG CLOSE BETWEEN MOVING AVARAGE (MA) 5 & 20.
*VOLUME IS DECREASING SINCE 23 JULY 2010.

BBKP - BUY & SELL SET UP

BBKP MEMASUKI SIDEWAYS SEJAK BULAN LALU TEPATNYA SEJAK INDICATOR MACD MULAI MELEMAH PADA TGL 13 JULY 2010.

CURRENT RESIST @ 680, JIKA MAU MELANJUTKAN RALLY, BBKP HARUS MAMPU BREAK & CLOSE DIATAS LEVEL INI.

SUPPORT & STOP LOSS @ 590, JIKA LEVEL INI DIBREAKDOWN, BBKP AKAN MEMASUKI KOREKSI YG JAUH LEBIH DALAM.

*MACD MENDEKATI CENTREPOINT LEVEL 0 (ZERO), BUY JIKA MACD MAMPU GOLDEN CROSS KEATAS DISERTAI PRICE BREAKOUT RESIST 680.

*BAGI YG MEMILIKI POSISI, SELL JIKA MACD KEMBALI DEAD CROSS KE BAWAH CENTREPOINT.

SMGR - "INSIDE CANDLES"

*SMGR CHART POSTED ON 26 MAY:
*SMGR CHART UPDATED TODAY:

TARGET SEBELUMNYA SUDAH TERCAPAI WALAUPUN KENAIKAN PENUH KOCOKAN, IT'S DEFENATELY NOT AN EASY STOCK TO TRADE.

POSISI SMGR SKRG TELAN TURUN 3 WAVE MULAI MENDEKATI LOWER CHANNEL YG AKAN BERTINDAK SEBAGAI SUPPORT. UPPER CHANNEL JG BERTINDAK SANGAT BAGUS SEBAGAI RESIST.

CANDLE MEMBENTUK "INSIDE CANDLES" SELAMA 4 HARI INI, YG MEMPUNYAI KEMUNGKINAN 2 ARAH BREAK UP OR DOWN.

IF BREAK UP 8750, PRICE WILL GO UP TO TEST BACK RESIST 8950.
IF BREAK DOWN 8400 & LOWER CHANNEL, PRICE WILL GO DOWN TO 2ND SUPPORT 8100.

ITMG - WEEKLY ELLIOT WAVE & TRIANGLE BREAKOUT

*ITMG WEEKLY ELLIOT WAVE:*ITMG DAILY BREAKOUT TRIANGLE:
WAVE & PATTERN ITMG LOOKS SIMILAR WITH ADRO, BOTH STOCKS JUST BREAKOUT A TRIANGLE ABCDE.

MACD MUST STAY ABOVE ZERO LEVEL & TREND UP TOGETHER WITH PRICE RALLY IF THIS'S A BULL WAVE 5 ENDING DIAGONAL.

1ST TARGET 42300.
2ND TARGET 45700.

STOP LOSS CLOSE BELOW 38700.

ADRO - ARE YOU READY TO GO BABY?

ADRO CLOSE NICELY 2125 BREAKING OUT ASCENDING TRIANGLE.
ON MONDAY PRICE MUST MAKE NEW HIGH > 2125 TO MAKE SURE THIS'S A REAL BREAKOUT & WE DON'T LIKE ANY PULL BACK THAT CLOSE BELOW 2100.

WE EXPECT WAVE 5 USING ENDING DIAGONAL AGAIN (PATTERN 3-3-3-3-3), WAVE B ITSELF IS A TRIANGLE ABCDE & NOW WE'RE GOING UP FOR WAVE C TARGET @2500.

IMPORTANT TO WATCH:
*MACD MUST TREND UP NEXT WEEK TOGETHER WITH PRICE RALLY.
*MACD CANNOT CROSS BELOW CENTRELINE 0.

HAPPY WEEKEND!
GBU ALL

BJBR-WAVE AUGUST ,5 2010

BBRI WAVE UPDATED - AUGUST 5, 2010

AALI - THIS IS IT!

WAVE C IS ON THE WAY UP!

WE REMAIN ON OUR TARGET POSTED ON 20 JULY FOR AALI @22500 & UPGRADED AN EXTREME TARGET @23700.

IHSG - MARKET TOP OR JUST ANOTHER CORRECTION?

*IHSG CHART ON 9 MAY 2010:
*IHSG CHART TODAY 3 AUGUST 2010:
OUR ELLIOT WAVE COUNT FOR IHSG SO FAR SO GOOD. IHSG MANAGES TO REBOUND AT WAVE 5-IV & MAKES NEW HIGH AT WAVE 5-V @3104.

THE LOWER CHANNEL ACTS AS A GOOD SUPPORT & THE UPPER CHANNEL ACTS AS A GOOD RESIST.

IF THIS IS THE END OF WAVE 5-V ENDING DIAGONAL, THEN IT'S A MARKET TOP & ANOTHER BIG CRASH SHOULD BE COMING (BE CAREFULL).


*WE LIKE THE BULL TREND OF IHSG, SO WE HAVE MADE AN ALTERNATIVE ELLIOT WAVE FOR IHSG, THIS'S A VERY BULL SCENARIO FOR WAVE 5 WEEKLY EXTENTION:
IT'S STILL THE SAME ENDING DIAGONAL PATTERN (3-3-3-3-3), WITH 3=ABC UP & 3=ABC DOWN, THE DIFFERENT BETWEEN THE OLD ONE IS WE EXTEND THE WEEKLY ABC INSTEAD OF DAILY ABC.

-CURRENT CORRECTION SHOULD BE WAVE B (OF WAVE 5-iii) TARGET AROUND 2700-2800.
-AFTER THAT IHSG SHOULD REBOUND TO WAVE C (OF WAVE 5-iii) TARGET @3470.
-THEN ANOTHER ABC DOWN TO WAVE 5-iv @3000 & FINAL WAVE 5-v UP to 3700.

WOW IHSG 3700?? WE KNOW IT'S QUITE HARD TO BELIEVE RIGHT NOW, BUT THAT'S THE ELLIOT WAVE TARGET IF THIS VERY BULL SCENARIO PLAYS OUT.

NOTE: THIS ALTERNATIVE WAVE WILL NOT WORK IF THE NEW UPTRENDLINE IS BROKEN & A NEW BIG CRASH WILL CONFIRM IF LEVEL 2500 IS BROKEN.

*12 WATCHLIST STOCKS: (STAY WITH BLUECHIPS & NEW HIGH STOCKS):
-ASII, UNTR, INDF.
-BANKINGS: BMRI, BBRI, BBCA, BBTN.
-STOCKS IN BIG WAVE 4: ADRO, ITMG, PTBA.
-STOCKS ALMOST BREAK ALL TIME HIGH: WIKA, INDY.

BUVA - SIDEWAYS TO DOWNTREND

BUVA 1ST DAY IPO CANDLE LONG INVERTED CLOSE LOW, THIS SHOWS A 100% PROFIT TAKING.

CURRENTLY SIDEWAY WITH SUPPORT 290 & RESIST 315, THIS COULD BE ANOTHER DISTRIBUTION BEFORE NEW DOWNTREND STARTS LATER BY BREAKING DOWN SUPPORT 290.

TARGET DOWN IS UNLIMITED SINCE THIS STOCK HAS NO LONG TERM SUPPORT.

GREN - ELLIOT WAVE

WAVE 3 STARTS WHEN PRICE BREAKOUT HIGH OF WAVE 1 @210.

TARGET WAVE 3 @315 OR MAX 360.

AFTER THAT SHOULD BE A MINOR CORRECTION FOR WAVE 4.

TARGET WAVE 4 DEPENDS ON THE TOP OF WAVE 3:
-IF WAVE 3 TOP @315, THEN TARGET WAVE 4 @260 OR 245 (FOR ZIGZAG).
-IF WAVE 3 TOP @360, THEN TARGET WAVE 4 @290 OR 270 (FOR ZIGZAG).

NOTE: ELLIOT WAVE WORKS WELL FOR LIQUID STOCKS & MOSTLY BLUECHIPS. FOR "GORENGAN" & IPO STOCKS, HONESTLY SOMETIMES WORKS, SOMETIMES NOT.