ISAT is one of the biggest telecommunication vendor in Indonesia. While, its earning is quite stable, as some corporate actions are taken in order to enlarge the market such as re-fining its BTS, offering high-speed internet like IM2, etc.
Well, technically, this stock is in downtrend, even though we can speculate a little on it.
The MACD is below the 0 level, but the MADC histo is showing bullish sign is coming, the RSI & Stochastic is moving upward, seems that this is the consolidation time for investors. But this might be the time to entry.
Look!!!
Rating: Speculative Buy, TP: 4725-4775
Happy Investing^^
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