Pages

Tuesday 22 December 2009

Further Analysis (part 3)

8. PTBA
One of the best growing stock especially in coal sector. PTBA technically is testing its support trend line at 17200-17300. Well, it's also testing the support of Fibo at 16850. Overall keep this stock for a month to earn more. This is consolidation time, we can earn more profit later.




Rating: Buy On Weakness, 16500-16800, TP 17700-17750

9. SMGR
Fundamentally, certainly good. Technically, it's likely forming a declining elliot wave. So, it's likely to decline soon.


Rating: Buy, TP 7650-7675

10. TINS
One of the oldest mining company listed in IDX. As it's totally in downtrend, it might be corrected in a moment & decline in unforgettable moment. Technically, TINS has gor a Bullish reversal signal, but we still can't confirm it, just wait & see tomorrow.




Rating: Buy On Weakness, 1790-1810, TP 1940-1960

11. UNVR
Fundamentally, people uses its products then it might be quite good for long-term investment. Technically, the Bull is similar to Bear, then it might continue the rally as the MACD has reversed to increase.



Rating: Buy On Strength, 10,600-10700, TP: 11000-11200

No comments:

Post a Comment

Please comment as you wish and share this if you like :)