Bumi Resources from the perspective of Technical Analysis. If Double Bottom is valid, possible retest neckline area 504 - 520 - 560
I think this is the peak, if not the TOP of the top... I'd take profit immediately and exit because the candles went parabolic, which quite rare this kind of volatility in the stock market.. and to top it off RSI and Money flow keeps going smaller and smaller, while price does not reflect that (keeps going upwards) therefore my sentiment is quite bearish on this...
BUMI membuat kejutan (atau tidak ya? karena dah mulai biasa melihat dia bangkit dări kuburan gocap) ketika naik ke 77. Meski, memang, sebetulnya, sudah beberapa kali selama 1 bulan, BUMI sudah menunjukkan belagat akan bergerak dari angka 50. Tapi, toh, tetap saja, kenaikannya ini masih membuat banyak orang skeptis, termasuk saya. Dan kemarin, BUMI bergerak...
Hello Guys, i'm here today to show you an impulse problability of $BUMI from indonesian stocks using elliot waves.as you can see within 2-years of big ABC correction with extended flat in sub,i'm thinking that we end the bearish periods in that C waves.we had a fresh start movemement maybe, an impulse extension towards 1st big impulse in incoming days,basicly...