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.
