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Thursday 14 January 2010

Review for Thursday

Thursday might be a good day for some, while the other don't.

Tomorrow, still some are good & bad. Let's check 'em out!

AALI
AALI is one of the best performing CPO producer. Well, technically, most indicators show that this stock is declining.


Rating: Sell On Strength, TP 23700-23900

ADRO
After doing great rally this stock will rest for a moment to consolidate, while overbought had been reached.


Rating: Sell On Strength, TP 1950-1970

INDF
INDF as the largest food player, this stock fundamentally is still well, but the indicator shows downtrending a moment.



Rating: Sell On Strength, TP 3400-3550

PTBA
PTBA the largest coal miner, but the chart show the penetration from upper line of MACD to lower. While, it has been overbought.


Rating: Sell On Strength, TP: 17200-17550

UNSP
UNSP last but not the least, one of Bakrie's operation. After the RI rumour came out, suddenly it was shocked down. Then recovering for a while, and it's going to decline soon as overbought. Candle show Black Marubozu, great bear.


Rating: Sell, TP: 610-630

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