EZ Stock List & Analysis

As I promised, I will give you some stock picks & analysis. But before giving you guys the analysis demanded, I'll firstly give the lists.

The lists are TSPC.JK, ADRO.JK, JSMR.JK, ANTM.JK, EXCL.JK, MLPL.JK. We can see that these stocks are very interesting recently.

1. Tempo Scan Pacific (TSPC.JK)

After a sudden rally at the last minutes last Friday, I assume that there might be a sudden news that the foreigner get, maybe an anticipation of good report of their financial statement. Since I see that the chart is set nicely, the next resistance is quite near at 1840, but seems to be quite easy to be broken because the last breakout volume is very great.

 

Rating: Accumulation Buy, Entry: 1780-1790; 1850-1860; S/L: 1550-1540

2. Adaro Energy (ADRO.JK)

After creating an all time high, this stock again show up the power. Together with the increment of the Coal price, increasing of demand of coal, the revenue might increase in value. After last Friday it was highly accumulated by some foreigner, and the earnings is expected to be increase also.

 

Rating: Buy; Entry: 2275-2300, S/L: 1990-1980

3. Jasa Marga (JSMR.JK)

This stock is again creating another new high and this stock is very frequent in creating a new high. I believe that this stock will again move higher as efficiency is met by the company in operation. We can see when passing thru toll road we don't use ticket anymore but only a bill and also new e-toll.

 

 Rating: Buy; Entry: 3675-3700, S/L: 3325-3300

4. Aneka Tambang (ANTM.JK)

Increment of gold's price really affect the increase of the company's revenue, yet the hard metal price also increase so that we can expect increase of the stock price. After breaking the resistance, this stock is expected to continue the rally as the stock is accumulated with a volume.

Rating: Buy; Entry: 2575-2600, S/L: 2350-2325

5. XL Axiata (EXCL.JK)

This stock is in a very uptrend position, a good promotion yet increase in sales will be the 'fuel' for this stock to continue its journey again.

 

Rating: Buy; Entry: 5750-5800, S/L: 5350-5300

6. Multipolar (MLPL.JK)

One of a Lippo Group company which operates in IT field. This company expecting increment in revenue by 20% this year. Cheap valuation is the key for the stock to increase again.

Rating: Buy; Entry: 210-215, S/L: 183-182

Here's the bonus for today, as I promised I will give some analysis on stocks as demanded, but before giving the list, I'll first analyze the mining index.

MINING Index is now almost broken another new high, we can see that it is at the top of the level now. It just need another 5 pts to make another new high. The index is supported with a very nice move of commodities especially minings like coal, etc. We can also see the MFI is now almost bending upward again.

AKR Corporindo (AKRA.JK)
Nicely supported by the increment of the oil price, the revenue is also expected to increase also in value not in quantity. We can see that this stock has just made a rally for the recent 3 days. If you want to enter to this stock, you can still enter but remember once you get stuck, don't be panic coz it's trying to break the resistance.

Rating: Buy; Entry: 1570-1580, S/L: 8% of entry price or 1310-1300

Indo Tambang Raya Megah (ITMG.JK)
All time high is the key of success for this stock yet as I said, increase of demand & price of coal will be the 'fuel' to boost up the stock & revenue. From technical view, this stock deserves to be collected.

Rating: Buy (for medium - long term trader); Entry: 48050-48100 (short term trader); S/L: 43850-43800 or 8% of purchase price.

Happy Investing^^

Disclaimer ON!!!

BLTA in Analysis

I see an indication of CUP & HANDLE formation from a bearish engulfing pattern which form a reversal pattern for a while.

I see that BLTA is forming the handle. For collection purpose using a BLSH strategy, we can collect at 315-325. But for those who've got a position, I think it's quite OK to exit in this moment & re-enter later.

I projected that another rally will be around middle of November to December.

Rating: Buy ON Weakness, Entry: Wait for confirmation

Best Regards,
Christopher Tahir
Blog: http://ez-stock.blogspot.com
MSN: chris_tahir@hotmail.com
YM: chris_tahir@ymail.com

Mail to my Y!Group:
ez-stock-subscribe@yahoogroups.com

Lesson 4 for this weekend

Today I will share a list of essential things needed in doing a good yet powerful trade. There are 3 things to be remembered in doing a trade which is well-known as 3M (Mental, Method, Money Management).

1. Mental

The main reason that I put this as the 1st is because this is the most important thing in doing a good trade. One of my mentor said that Good Trade or Profitable Trade = Machine + Money Management -Me (Emotion). It is important to keep in your mind that you must trade without any emotion being in your mind. Once emotion is exist in trading, then you'll ruin your trade. So, in doing a trade, we must just follow the system that we believe. We must also se our logic thinking in doing a trade not a feeling.

Here's an e-book about this that you can read:

http://www.ziddu.com/download/12212035/005-Psychology_of_Trading.pdf.html

2. Method

Use a method that is already proven to be good for a trend. Trade a trending stock will give additional 5% chance of winning rather than we keep up on trading at a ranging stock. This is one of the method that we must know. Remember to plan your trade & trade your plan. What is a trading plan? Almost everytime I talk about trading plan people will ask me of what it is actually. Trading Plan is a plan before you decide to buy or sell a security, which includes entry price, stop loss, resistance (a lot of people call as target). In making a plan, we must be very aware that the risk to reward ratio is as low as possible which means the risk is lower than the reward, which means risk to reward ration less than 1 is OK. The other thing to be determined is thee trading style are you a technician or fundamentalist.

Here's the reference:

http://www.ziddu.com/download/12212115/010-Trader_Tipe.pdf.html

3. Money Management

The other essential thing is the management of your money. How big is the risk you can bear determine the amount of money to be put in a stock. For instance, you stop loss is determined at 3% of you buying value, so if your account is $10,000, then if you can only bear $30, then your trade for a stock is $1,000. Make it flat for each stock.

Here's the workbook:

http://www.ziddu.com/download/12322012/MoneyManagement.xlsx.html

Have a nice weekend!!!

Btw, I'm in Jakarta, if want to contact me, just e-mail me at my mailing list at Y!Group

Happy Investing^^

Disclaimer ON!!!