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Tuesday 1 December 2009

PGAS upward trend is coming....

One of the other governmental firm that goes well is PGAS (Perusahaan Gas Negara). This stock is going upward since 5 years ago & it shows a great bull signal when another additional infos came out.

KZ recommend with rating Outperform 4k, Citi TP 4200.

There are a lot of corporate actions that lead them to give a good ratings.

Well, back to the analysis, this stock is closed at the resistant & this is a strong resistant that it can hardly break. Once it breaks, this stock will fly upward fast & meet the other resistant. In addition, the MACD & Stochastics is likely to make a golden cross....



My rating is Speculative Buy, TP 3825
Happy Trading...^^
Disclaimer ON!!!

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