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Tuesday, 23 February 2010

Feb 24, 2010

ADRO seems to be consolidated for too long, and it is now above the uptrend channel. Well, it's still confirming a bullish if it can stay above the resistance at 1850, and it means that it's quite logical to maintain the target at the highest of all the time at 2025-2075.

And it seems the signal of rebound is so fresh from this stock.

Rating: Buy On Weakness, TP: 1920-2000, SL: 1780

ANTM is the other buy recommendation, as it closed at 2100, but beware if it dropped again. As gold is not as shine as previously.

Beware of JKSE formation of HnS, maybe a big disaster if it happens.

Happy Investing^^
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