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Tuesday 9 February 2010

Feb 10, 2010

For tomorrow, we have some picks like: ADRO, JSMR, SMCB. But now I will only do analysis on JSMR, as it haven't been analyzed by me.

JSMR
The only player in the industry of toll-road. And it seems to be quite impossible to suffer loss, as it is a monopolist. Well, it has good authority in controlling its profit.

Technically, it has just broken it's resistance at 1710, which is a strong support of it. In addition that it closed at 1730, a good point to start the rally.

Rating: Buy On Weakness, TP: 1800-1820, SL: 1620-1650