January 28,2010

Look at these charts....

These stocks are mostly high caps ones. So, if you have small caps, just leave for now on, enlarge your cash.

1. ASII

The best car seller in Indonesia with high caps in market, now is in good condition/position. See technically, that it has just created a golden cross at the Stochastic, the MACD has just shown the bull sign at the histogram, yet the MAZCD line & RSI are bending upward, showing the power of bull has been back.

Rating: Buy On Weakness, TP: 36000-36500

2. INTP

The best cement company, as the price was stuck at the lower bollinger band, which is at 12800. Then it's time to get your profit from it. First, we can see that the MACD histogram might have reached the bottom, which will show a reversal soon. Second, the MACD line is still bending downward & soon might bend upward. The RSI does too. While the stochastic failed to create a golden cross, but bending downward a bit. Even though, it might going down a bit, it's a good sign to enter.

Rating: Buy On Weakness, TP: 14500-15000

3. ITMG

One of the best performer in its industry, which is one of the highest caps in IDX. Well, it had corrected a lot last time, this time it's the time to increase back. Almost the same with ASII, as the MAD reached the bottom, the Stochastic at golden crossing position, RSI bending upward & candle near bottom bollinger band, which had just got the bollinger bounce.

Rating: Buy, TP: 34000-34200

4. PTBA

The other miner that got a big correction. Touched lower bollinger band, MACD at bottom, Stochastic soon will cross, are good signs.

Rating: Buy On Weakness, TP: 18000-18600

Happy Investing...^^

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