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Saturday 14 August 2010

CT Stock List

After giving ASII as the best candidate, then the next one will be some stocks with thousands price, like SGRO,  INDY.

1. Sampoerna Agro (SGRO.JK, SGRO:IJ)
SGRO is showing a strong uptrend just like its products CPO which is also uptrending after in a dip for quite a long while. Hence, this firm is still having a lot of young plant, so that the potential for investing is still very big. CPO increase with the Bull market of Indonesia which is still supported by the foreign.

Technically, the indicators are showing positive direction even the last candle was decrease. Accumulation at lower price will be quite wise this time.
Rating: Buy On Weakness; Entry: 2500-2525, TP: 2700-2725, SL: 2350-2375

2. Indika Energy (INDY.JK, INDY:IJ)
INDY is showing a huge increment since May 25,2010, this shows a fairly strong uptrend that might be a time for us to earn some money from it. I have no idea about the fundamental data of this stock.

Technically, the stock is oversold & seems to be going upward in near time, we can take this chance to win the game. It is still showing a quite negative for EMA Crossover system, but after it dead crossed and down at certain level, we can start to buy.

Rating: Buy On Weakness; Entry: 3025-3175, TP:  3550-3700, SL: 2950-2975

Happy Investing^^
Disclaimer ON!!!

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