No comment :d. '+'
On Mon, May 16, 2011 at 8:40 AM, positif01 <[email protected]> wrote: > dead man walking -n: ( *US *) a condemned man walking from his prison cell > to a place of execution > > We had an interesting story on BNBR last Friday. Having pushed hard by > selling pressure the whole morning session, BNBR tried to regain its buying > mood at second session. What was actually triggering few traders, which we > would preferably called "Friday's gamblers", to have such a hope in the > second session, especially, toward the closing? > > First, BNBR has yet really to break off any historical significant highs. > On Friday, it VWAP ended up at 84,50, and secondly, its volumes has started > to wane which no longer supports a strong case for a qualified break out. If > it is possible of all case, then we tend to see its volume building up > toward anticipated selling off, instead of buying. And, thirdly, this is the > most important, the first 2 hours of London Stock Exchange opening on > Friday, had been used up by certain traders suspectedly linked to Indonesian > market by staging the early price action. In less than 5 minutes, the trade > was faked to bring the price up +5,2%. Lazy eyes and inexperienced traders > in Indonesia would notice this as an appaling reversal from yesterday's drop > almost -7%. But, seasoned traders must have had easily been aware of the > tricks because they realized that the accompanying volume did not support > the price lifting. The trade volume at that time was only up to 300 units > while the average 3 month volume was almost 47,000. This was a simple trick > which did not work, and accordingly we advised our Indonesian clients at > that time having been coordinated with our London's trading room to remain > vigilant and did not get into the trap. The intraday chart of Bumi, Plc or > formerly known as Vallar, Plc. well describes what happened in Friday. > [image: Bumi, Plc (intraday Friday).png] > > BNBR is a complete portrait of a dead man walking now. After falling off > almost -7% on Thursday, its subs, BUMI, plc. was even finally getting even > lower -0,95% on Friday, and had its second free fall that day from the top > 1,315 to the squashed floor 1,225 or -7,35% high-low. It closed with another > red -0,95 while FTSE100 down only -0,32%. What went wrong with BUMI, Plc > over past weeks? This news analysis may help you. No further good or bad > news helping this stock. > [image: Bumi, Plc (news analysis).png] > > On technical, we concur our London's network judgment explaining: > Settlement as of 13/05/2011, at 5:45 p.m. > > Slight fall for Vallar Plc as it closes -0.95% down. The share started the > day with some lively movement, debuting at 1,271, below the previous > session's top mark, but then gradually slumped as more exchanges were made. > Looking at the weekly scenario, Vallar Plc lagged the benchmark index's > gains, which could mean that shares will soon be changing hands. > Status and Trend Analysis > > The short-term scenario shows a decline towards the 1,214 area with first > resistance seen at 1,322. Expectations are for Vallar Plc to continue its > negative run towards support at 1,178. > > Another dead man walking soon in IDX is GGRM in addition to ASII. We > advised our client early Friday last week to immediately book any profits. > We will explain it a bit further on Wednesday. > > '+' > >
<<Bumi, Plc (news analysis).png>>
<<Bumi, Plc (intraday Friday).png>>
