SHARE ANALYSIS ADRO

In the picture above to form two ADRO stock chart pattern within a chart of the first tahun.Pattern known as Saucer (Rounding Bottom) and the second chart pattern known as the Ascending Triangle. if you look at the picture ADARO Shares (ADRO) was formed chart pattern Ascending Triangle again where there clearly visible in the picture there is strong resistance at 1770, where prices had corrected and are still trying to penetrate the strong resistant. the question is when do we go or buy this stock and what price we buy or go? the answer is we will have purchased or signed when the price has been penetrating resistance in 1770. So in 1780 the price that we had to go or this ADRO shares.
To us cut losses or exit a position when the price has been able to penetrate the support in 1660. So it means we go out or cut loss at 1650 prices.
Summary:
Resistance 1770 we bought at 1780 prices and (buy)
Support position in 1660 we put out in 1650 (cut loss)

What is saucer (Rounding Bottom) is a reversal pattern can occasionally occur in the form of a plate (saucer) or a rounding bottom. gradually formed, from the original trend down, then sideways, and finally rising. This pattern is often preceded by a correction occurs before breakout resistance and bullish market.

Ascending Triangle is a pattern that we discussed in UNTR shares in the previous postings, but we re a little more about the ascending triangle pattern is, so the minimum Triangle pattern there are four turning points (reversal point), but often six turning points (reversal point ).