ISAT in analysis

ISAT one of the biggest cell-phone operator which has one of the biggest market caps in Indonesia. One of the broker that recommended ISAT is CS which rated Outperform with TP 6550.

Well, recently, ISAT has planned to issue bonds & ready to pay its debt amounted US$247mio, which means the firm is still liquid & healthy.

Technically, let's see the pattern that after a long black candle which closed at the low of the day, the next day it showed a doji & suddenly the next day it raised again.

This sounds good that the pattern happened again & might redo the same thing.

See the chart....

Happy Trading...^^

Disclaimer ON!!!