Title
by Americanbulls.com LLC
Last Update
19/06/2019
PSAB.JK
J RESOURCES ASIA
Last Signal: SELL
Last Pattern: BEARISH DELIBERATION BLO..
Last Close:
230.0000
Change:
-4.0000
Percent change
-1.71%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH DELIBERATION BLOCK pattern finally received a confirmation because the prices crossed below the confirmation level which was at 233.0000, and our valid average selling price stands now at 230.9900. The previous BUY signal was issued on 10/06/2019, 9 days ago, when the stock price was 187.5600. Since then PSAB.JK has risen by +23.16%.
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 consists of three consecutive white candlesticks with consecutively higher closes in an uptrend. more...
Signal History
Date 
Price 
Signal 
 
IDR100⇨ 
19/06/2019230.9900SELL 121.74
10/06/2019187.5600BUY 99.35
06/05/2019187.3600SELL 99.85
05/04/2019191.6500BUY 102.65
02/04/2019189.3500SELL 103.17
14/03/2019197.0000BUY 107.88
22/02/2019200.2300SELL 108.42
19/02/2019198.0000BUY 107.75
04/02/2019220.0000SELL 108.29
18/01/2019212.0000BUY 104.88
08/01/2019210.1400SELL 105.41
03/01/2019210.0000BUY 105.87
28/12/2018208.1500SELL 106.40
19/12/2018193.6700BUY 99.50
† Trade commissions are taken as 0.50%.
Date 
Price 
Signal 
 
IDR100⇨ 
19/06/2019230.9900SELL 164.36
10/06/2019187.5600BUY 134.13
06/05/2019187.3600SELL 134.80
05/04/2019191.6500BUY 138.58
02/04/2019189.3500SELL 139.28
14/03/2019197.0000BUY 145.64
22/02/2019200.2300SELL 146.37
19/02/2019198.0000BUY 145.47
04/02/2019220.0000SELL 146.20
18/01/2019212.0000BUY 141.59
08/01/2019210.1400SELL 142.30
03/01/2019210.0000BUY 142.92
28/12/2018208.1500SELL 143.64
19/12/2018193.6700BUY 134.32
11/12/2018193.0000SELL 135.00
07/12/2018190.6500BUY 134.03
05/12/2018173.4500SELL 134.70
27/11/2018155.3500BUY 121.25
08/11/2018173.4700SELL 121.86
02/11/2018179.0000BUY 126.38
20/09/2018204.1600SELL 127.02
07/09/2018196.0000BUY 122.56
24/08/2018218.0000SELL 123.18
21/08/2018222.0000BUY 126.07
09/08/2018242.0000SELL 126.70
02/08/2018236.0200BUY 124.19
25/07/2018241.8800SELL 124.81
19/07/2018222.0000BUY 115.13
17/07/2018218.0800SELL 115.71
05/07/2018186.5900BUY 99.50
† Trade commissions are taken as 0.50%.
Date 
Price 
Signal 
 
IDR100⇨ 
19/06/2019230.9900SELL 208.81
10/06/2019187.5600BUY 170.40
06/05/2019187.3600SELL 171.26
05/04/2019191.6500BUY 176.06
02/04/2019189.3500SELL 176.94
14/03/2019197.0000BUY 185.01
22/02/2019200.2300SELL 185.94
19/02/2019198.0000BUY 184.79
04/02/2019220.0000SELL 185.72
18/01/2019212.0000BUY 179.87
08/01/2019210.1400SELL 180.77
03/01/2019210.0000BUY 181.56
28/12/2018208.1500SELL 182.47
19/12/2018193.6700BUY 170.63
11/12/2018193.0000SELL 171.49
07/12/2018190.6500BUY 170.25
05/12/2018173.4500SELL 171.11
27/11/2018155.3500BUY 154.02
08/11/2018173.4700SELL 154.79
02/11/2018179.0000BUY 160.53
20/09/2018204.1600SELL 161.34
07/09/2018196.0000BUY 155.67
24/08/2018218.0000SELL 156.45
21/08/2018222.0000BUY 160.12
09/08/2018242.0000SELL 160.92
02/08/2018236.0200BUY 157.73
25/07/2018241.8800SELL 158.52
19/07/2018222.0000BUY 146.22
17/07/2018218.0800SELL 146.95
05/07/2018186.5900BUY 126.36
05/06/2018226.0000SELL 127.00
17/05/2018232.0000BUY 131.03
24/04/2018275.6100SELL 131.69
12/04/2018270.2200BUY 129.76
06/04/2018263.7400SELL 130.41
26/03/2018242.0000BUY 120.26
07/03/2018261.7800SELL 120.86
05/03/2018268.1500BUY 124.42
01/03/2018206.0000SELL 125.05
27/02/2018207.6800BUY 126.70
22/02/2018193.3600SELL 127.34
19/02/2018191.0000BUY 126.42
29/01/2018199.0000SELL 127.06
22/01/2018188.0000BUY 120.64
17/01/2018187.4000SELL 121.25
10/01/2018176.0000BUY 114.45
04/01/2018182.0000SELL 115.03
18/12/2017156.8000BUY 99.60
11/10/2017208.0000SELL 100.10
06/10/2017210.0000BUY 101.57
18/09/2017237.9700SELL 102.08
06/09/2017224.0000BUY 96.57
31/08/2017218.0000SELL 97.06
29/08/2017220.0000BUY 98.44
22/08/2017218.0000SELL 98.93
18/08/2017221.0000BUY 100.80
15/08/2017220.0000SELL 101.31
11/08/2017218.0000BUY 100.89
09/08/2017208.0000SELL 101.40
28/07/2017204.0000BUY 99.95
18/07/2017208.2200SELL 100.45
13/07/2017205.7100BUY 99.74
11/07/2017206.2400SELL 100.24
07/07/2017203.6900BUY 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.