Feb 22, 2010

For tomorrow, the stock picks are:

• BUY

1. ANTM
2. ADRO
3. ASII
4. ISAT
5. LSIP

• SELL

1. ITMG
2. TINS
3. SMGR
4. BBRI
5. BRPT

Well, today I'll only give some, not all. Due to my sleepiness....

ANTM

It seems that ANTM is moving as it is showing a great support at the level of 2050. And the technical analysis said that it is time to buy at this level. Well, the candle is forming a hammer, the MA5 has just been crossed, the EMA5 & EMA15 is golden crossing. While the fast MACD is still bending upward, no indication of downward bending.

Rating: Buy On Weakness, TP: 2175-2225, SL: 1900-1920

ADRO

This is one of the most favourite stock in JKSE, as it hasn't broken the uptrend channel for short term even though it has broken the long-term & mid-term uptrend channel.

The candle is showing a doji star, as the reversal movement, while the price can't penetrate the short-term uptrend support at 1800.

Rating: Buy On Weakness, TP: 1890-1920, SL: 1770-1790

ITMG

Lastly, ITMG as one of the largest caps in JKSE. This stock is very fluctuating, yet volatile. This stock is mostly owned by the foreign. And very often creating gaps in the opening. Well, as it stayed on the down trend support, it's quite dangerous for us to keep at that level.

Rating: Sell On Strength, TP: 30500-29300

Happy Investing^^

Disclaimer ON!!!