Title
by Americanbulls.com LLC
Last Update
04/12/2020
IDXG30
IDX GROWTH30
Last Signal: SELL
Last Pattern: BEARISH MEETING LINE
Last Close:
134.5200
Change:
-0.9880
Percent change
-0.73%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH MEETING LINE pattern finally received a confirmation because the values crossed below the confirmation level which was at 135.5080, and our valid average selling value stands now at 134.9870. The previous BUY signal was issued on 02/12/2020, 2 days ago, when the index value was 134.9430. Since then IDXG30 has risen by +0.03%.
Market Outlook
The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern occurs during an uptrend. The first day’s white candlestick is followed by a black candlestick that opens sharply higher and closes at the same level as the prior session’s close. It is similar to the Dark Cloud Cover pattern. However, the amount the second day drops is different. The Dark Cloud Cover’s second day closes below the midpoint of the first day’s body, while the second day the Bearish Meeting Line closes the same as the first day. Consequently, the Dark Cloud Cover is a more significant top reversal. Nonetheless, the Bearish Meeting Line should also be respected. more...
Signal History
Date 
Price 
Signal 
 
IDR100⇨ 
04/12/2020134.9870SELL 100.37
02/12/2020134.9430BUY 100.84
30/11/2020135.7050SELL 101.35
18/11/2020131.9950BUY 99.07
13/11/2020128.2620SELL 99.57
06/11/2020123.6700BUY 96.49
27/10/2020118.8240SELL 96.97
22/10/2020119.5990BUY 98.09
16/10/2020119.2480SELL 98.58
01/10/2020115.9300BUY 96.32
16/09/2020118.7590SELL 96.80
14/09/2020119.6180BUY 97.99
04/09/2020124.3250SELL 98.48
02/09/2020125.5610BUY 99.96
28/08/2020125.6390SELL 100.46
12/08/2020121.9965BUY 98.04
07/08/2020121.6965SELL 98.53
29/07/2020119.5350BUY 97.27
24/07/2020118.5050SELL 97.76
23/07/2020119.9830BUY 99.48
20/07/2020118.5120SELL 99.98
14/07/2020119.3760BUY 101.22
10/07/2020118.5990SELL 101.73
02/07/2020115.2930BUY 99.39
23/06/2020114.4470SELL 99.89
16/06/2020113.4325BUY 99.50
† Trade commissions are taken as 0.50%.
Date 
Price 
Signal 
 
IDR100⇨ 
04/12/2020134.9870SELL 113.01
02/12/2020134.9430BUY 113.54
30/11/2020135.7050SELL 114.11
18/11/2020131.9950BUY 111.55
13/11/2020128.2620SELL 112.11
06/11/2020123.6700BUY 108.64
27/10/2020118.8240SELL 109.19
22/10/2020119.5990BUY 110.45
16/10/2020119.2480SELL 111.01
01/10/2020115.9300BUY 108.46
16/09/2020118.7590SELL 109.00
14/09/2020119.6180BUY 110.34
04/09/2020124.3250SELL 110.89
02/09/2020125.5610BUY 112.56
28/08/2020125.6390SELL 113.13
12/08/2020121.9965BUY 110.40
07/08/2020121.6965SELL 110.95
29/07/2020119.5350BUY 109.53
24/07/2020118.5050SELL 110.08
23/07/2020119.9830BUY 112.01
20/07/2020118.5120SELL 112.57
14/07/2020119.3760BUY 113.96
10/07/2020118.5990SELL 114.53
02/07/2020115.2930BUY 111.90
23/06/2020114.4470SELL 112.46
16/06/2020113.4325BUY 112.02
10/06/2020116.5190SELL 112.58
26/05/2020103.4150BUY 100.42
06/05/2020105.8040SELL 100.92
23/04/2020103.9130BUY 99.61
16/04/2020104.2000SELL 100.11
14/04/2020106.2480BUY 102.59
08/04/2020106.9845SELL 103.11
26/03/202094.5570BUY 91.59
11/03/2020121.3710SELL 92.05
04/03/2020129.0000BUY 98.33
27/01/2020144.7410SELL 98.82
14/01/2020145.0070BUY 99.50
† Trade commissions are taken as 0.50%.
Date 
Price 
Signal 
 
IDR100⇨ 
04/12/2020134.9870SELL 111.33
02/12/2020134.9430BUY 111.85
30/11/2020135.7050SELL 112.41
18/11/2020131.9950BUY 109.89
13/11/2020128.2620SELL 110.44
06/11/2020123.6700BUY 107.02
27/10/2020118.8240SELL 107.56
22/10/2020119.5990BUY 108.81
16/10/2020119.2480SELL 109.36
01/10/2020115.9300BUY 106.85
16/09/2020118.7590SELL 107.39
14/09/2020119.6180BUY 108.71
04/09/2020124.3250SELL 109.26
02/09/2020125.5610BUY 110.90
28/08/2020125.6390SELL 111.46
12/08/2020121.9965BUY 108.77
07/08/2020121.6965SELL 109.32
29/07/2020119.5350BUY 107.92
24/07/2020118.5050SELL 108.46
23/07/2020119.9830BUY 110.36
20/07/2020118.5120SELL 110.91
14/07/2020119.3760BUY 112.28
10/07/2020118.5990SELL 112.84
02/07/2020115.2930BUY 110.25
23/06/2020114.4470SELL 110.80
16/06/2020113.4325BUY 110.37
10/06/2020116.5190SELL 110.92
26/05/2020103.4150BUY 98.94
06/05/2020105.8040SELL 99.44
23/04/2020103.9130BUY 98.15
16/04/2020104.2000SELL 98.64
14/04/2020106.2480BUY 101.08
08/04/2020106.9845SELL 101.59
26/03/202094.5570BUY 90.24
11/03/2020121.3710SELL 90.69
04/03/2020129.0000BUY 96.88
27/01/2020144.7410SELL 97.37
14/01/2020145.0070BUY 98.04
02/01/2020143.9390SELL 98.53
02/12/2019138.7560BUY 95.46
22/11/2019140.0650SELL 95.94
19/11/2019141.0010BUY 97.07
14/11/2019139.3660SELL 97.56
12/11/2019141.0830BUY 99.26
31/10/2019141.5855SELL 99.76
23/10/2019140.5160BUY 99.50
† Trade commissions are taken as 0.50%.

Disclaimers:

Americanbulls.com LLC is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, Americanbulls.com LLC relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws. As such, Americanbulls.com LLC does not offer or provide personalized investment advice. This site and all others owned and operated by Americanbulls.com LLC are bona fide publications of general and regular circulation offering impersonal investment-related advice to member and /or prospective members.

Indonesianbulls.com is an independent website. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

Therefore, Indonesianbulls.com and Americanbulls.com LLC is exempt from the definition of “investment adviser” as provided under Section 202(a) (11) of the Investment Advisers Act of 1940 and corresponding state securities laws, and hence registration as such is not required. We are not a registered broker-dealer. Material provided by Americanbulls.com LLC is for informational purposes only, and that no mention of a particular security in any of our materials constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. To the extent that any of the information obtained from Americanbulls.com LLC may be deemed to be investment opinion, such information is impersonal and not tailored to the investment needs of any specific person. Americanbulls.com LLC does not promise, guarantee or imply verbally or in writing that any information provided through our websites, commentaries, or reports, in any printed material, or displayed on any of our websites, will result in a profit or loss.

Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither Americanbulls.com LLC, nor Indonesianbulls.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

Displayed information is based on widely-accepted methods of technical analysis based on candlestick patterns. All information is from sources deemed to be reliable, but there is no guarantee to the accuracy. Long-term investment success relies on recognizing probabilities in price action for possible future outcomes, rather than absolute certainty – risk management is critical for success. Error and uncertainty are part of any form of market analysis. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading. Your financial adviser can give you specific financial advice that is appropriate to your needs, risk-tolerance, and financial position. Any trades or hedges you make are taken at your own risk for your own account.

You agree that Indonesianbulls.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.