It is already 25 days since I did the ADRO stocks analysis that forms the Cup ‘n Handle chart pattern with IDR 2750 as target price. That time, the ADRO price was IDR 2475 which means if reach the target price, the profit would be 11.11 %. It is surely a good profit from stocks market as long as we no need to wait for so long, right? The profit even can be bigger if we do the trading activities (buy and sell) during achieving the Cup and Handle chart pattern’s target price.
Stocks Analysis of ADRO July 29, 2011: Penetrated Resistance with High Volume and Nearer to Reach The target price of Cup ‘n Handle Pattern
As I have mentioned in many times, Candlestick Patterns are worthy to learn since offers the simple way to understand what is really happened about stocks market in certain time. And via this how to stocks analysis blog, I have discussed many candlestick patterns – either as bullish/buy signals or as bearish/sell signals. This time let’s continue the Candlestick Patterns’ Technical Analysis: 10 Medium Strength Bearish Reversal Signals article series.
As Stocks Gurus said, before invest in stocks/shares, we should invest in our “head”. It means that we should gain the enough stocks knowledge before invest in the stocks market for real. We can learn from stocks trading/investor gurus by investing some our money in their courses or books. However this way can be very costly so we need to prepare a lot of money just to follow the courses or buy the books. Fortunately, we are living in internet era so we can learn about stocks knowledge easily from many free Stocks Website.
For your information, candlestick patterns are the favorite stocks analysis tool for many stocks market’s big traders since shown the complete condition of the stocks market in simple way. Candlestick is surely a big help to read what was happened, is being happened, and will be happened in the stocks market. Also that, Candlestick offers the certain chart pattern that can act as signals to tell us whether it is time to buy or sell the stocks. These signals will be very useful in our stocks trading venture for sure.
Indonesia Stocks Market (IDX)/JKSE has created the new highest level record in last week which is 4109.08. Last week was surely a good week for stocks traders/investors since IDX/JKSE has created new highest record from day to day. From Stocks Analysis point of view, our stocks portfolio should currently be in positive area this day because of the last week stocks market condition. However, as result, the stocks market is even more overbought today so we should be very careful in our trading this week.
Stocks Analysis of BMRI July 22, 2011: Bullish/Buy Reversal Signals by Candlestick Pattern, Support Line,Volume, and Stochastic
Indonesia Stocks Market (IDX/JKSE) is really in over bought condition right now. From Stocks Analysis point of view, it means that IDX’s stocks are very vulnerable for profit-taking. Therefore we should be very careful to buy the stocks/shares from Indonesia stocks market. Please be noted that we should be careful but not need to stop. Yeah, we should still buy the stocks (and sell it later) so can make the profit, right?