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!!!

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!!!

Santa is Coming...

As December approaches to the Christmas, it's the time for us to collect some governmental stocks that are in bullish signal, then keep until next January & get your special Christmas present from the Santa....

Well, back to the analysis, we'll see one of governmental mining sector which is ANTM. ANTM with its commitment in production increment might bring more profits to the firm itself. The sales of feronickel of the firm is 19,000 tons, while it might increase its production up to 18,500 tons, which is still lacking of resources but creating a scarcity which will increase the price of the product & might increase the sales.

Yesterday it created a Doji star which is a reversal signal, but remember, be careful, as it hasn't penetrate the uptrend resistant, once it penetrated, keep that till your Christmas & take the gift from the Santa.

My rating for this time is still Speculative Buy.

Anyway, Happy Trading....^^
Disclaimer ON!!!