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Thursday 8 July 2010

CT Stock List

After long time no stock list, today I post again a stock list. The list is not long because there's only a candidate for tomorrow which is Bank Danamon (BDMN.JK)

Even it's not a main player in banking, but as a second liner bank, it still deserve to be watched. Technically, it's forming a symmetrical triangle with a possibility of bouncing from the trendline with a nice candle of dragonfly doji, a reversal pattern which tends to be a bottom reversal pattern, with the EMA is golden crossing. Oscillators are moving positively together with the MACD which seems to be forming a bottom reversal pattern.

Rating: Buy On Weakness; TP: 5600-5800, SL: 5100-5200; Entry: 5250-5300

Happy Investing^^
Disclaimer ON!!!

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