Why Infrastructure is prosper?

Nowadays, Indonesia is growing. Especially post-election., the new cabinets are trying to convince that they deserve for the place.
One of their focus in development is the infrastructure of Indonesia which is quite weak, floods everywhere, bad constructions. then, they try to rebuild & renovate them all.

For the FA, we can see & know by ourselves that Indonesia recently was shocked by several earthquake, even in our capital city, the infrastructure is bad. There is a 'subscribed' flood every year, and it break more buildings.
Then the demand of cement will increase, for the telecommunication one, TLKM is said to expand its operation to WiMax connection which is a good impact. Hence, the cement company (SMGR & SMCB) is expanding their production & projecting of increasing of cement's sales.

For the TA itself, for example SMCB is quite good even it hasn't had the golden cross, but soon will it be.

We can see the Relative Strength Index Indicator, the graph is bending upward.
The MACD Histogram seems to be nearly in reversal point. In addition, the MACD is crossing upward creating a golden cross soon, which means the uptrend is nearly happen.
The Stochastic is almost crossing upward creating a golden cross.
At Last the SMA14, SMA25, SMA50, is still in a good position which candlestick ends above them.

Finally, always beware of the unresponsible trader that might mess your day with stock.
Happy Trading...^^
Disclaimer ON...