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| Friday, 15 January 2010 07:12 |
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Trading Entry and Exit Analysis
Will Solar Eclipse on Jan 15th, 2010 influence the INTP.JK for a bullish reversal?
Long Trade Set up get ready for trading with Astronacci © Trading System ![]() Bull army support INTP.JK. It moves together in wave 5 impulsive high. Yesterday we saw great trading set up opportunity with high probability rating for a reversal target. Long trade should be taken today also to catch the Solar Eclipse moment which is coincidence with the end of wave C in hourly time frame. A potential upside target is sweet enough and worth to be taken.
Comment
Daily trend continuation in wave 5 supports a long trade position when a minor decline appears. (Click the picture to open the original size)
System ![]() ASTRONACCI © Trading System by Stocksforliving Indonesia,Ltd
Momentum Daily Oscillator was bearish not oversold but hourly oscillator entered an extreme oversold area. This indicates price will sideways to up in the next trading hours. Pattern Possible The end of Wave C. Price Price has reached its objective price target around 13.500 – 13.650 on January 14,2010 and seems ready to reverse for Solar Eclipse cycle. Trading Advises Buy INTP.JK with range 13.650 – 13.800. Stop loss at 13.550, Typcial take profit target at 14.800 – 15.000
Analyst Certification:
The views expressed in this research report accurately reflect the analyst’s personal views about any and all of the subject securities or issuers; and no part of the research analyst’s compensation was, is, or, will be, directly, indirectlyrelated to the specific recommendations or views expressed in the report.
Stocksforliving Indonesia,Ltd ©2008 All rights reserved. Except as specifically permitted, no part of this presentation may be reproduced or distributed in any manner without the prior written permission of Stocksforliving Indonesia,Ltd.
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| Last Updated on Friday, 15 January 2010 07:38 |