It was accused by judges that IPO of PGAS in 2003 was bribed to the Parliament in 1999-2004.
Beware....
Rating: Sell On Strength
Disclaimer ON!!!
Tuesday 19 January 2010
IHSG Outlook
IHSG has rallied since the opening of 2010, and now is still in bullish position where as today it created a Bullish Engulfing Pattern which is a bullish pattern that keep IHSG in bullish position.
Although, the Bollinger Bands is expanding which indicate the price range expansion, which is expanded upward to 2710 points. While the MACD line is bending upward & stopped to make a dead cross, even though the MACD Histogram is still in bear, yet it haven't broken the mid-line of 0.
While in the other hand, the RSI & Stochastic has reached overbought area, which is considered to be a warning for us. Remember that these two indicators are quite accurate.
Be careful for this time as corrective waves might happen soon.
Rating: Sell On Strength
Happy Investing^^
Disclaimer ON!!!
Although, the Bollinger Bands is expanding which indicate the price range expansion, which is expanded upward to 2710 points. While the MACD line is bending upward & stopped to make a dead cross, even though the MACD Histogram is still in bear, yet it haven't broken the mid-line of 0.
While in the other hand, the RSI & Stochastic has reached overbought area, which is considered to be a warning for us. Remember that these two indicators are quite accurate.
Be careful for this time as corrective waves might happen soon.
Rating: Sell On Strength
Happy Investing^^
Disclaimer ON!!!
20 Jan 2010, still bright
Picks are still the same as yesterday.
ELSA buy at lower bands of Bollinger Bands. Entry at: 320-330
INTP buy at lower bands of Bollinger Bands. Entry at: 12500-12900
PGAS should be quite bad this time... Look at the updates
PTBA also the same.
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