Our index was moving in mixed condition yet quite volatile. We don't know what's happening now, but seems the 'big' player is betting on the earnings. So, we must be ready for stocks which is quite good in the fundamental.
Now, I've selected some stocks that's fundamentally quite good. Yet, some stocks that we can take a look are BBKP.JK, INDF.JK, MDLN.JK, MNCN.JK, ROTI.JK, SHID.JK.
1. Bank Bukopin (BBKP.JK)
This stock has been sleeping for quite a long time, yet accumulation seems too be happening when this stock seems to be sleeping. I believe that tomorrow will be quite good for our index & yet I'm optimistic for the index will be green again tomorrow. Indicators are bending up, so we can also accumulate when breaking the resistance.
Rating: Buy On Break; Entry: 740-750, S/L: 690-680
2. Indofood Sukses Makmur (INDF.JK)
After the noodle case, a lot of trades are forced sell as it decreased fast. Now, we can see that after the clarification by the MoH & management that it is safe, we can see that it started to climb up. Again, this stock is now being kept by the 'big boss'. Indicators are bending up, MACD almost golden cross.
3. Modernland Realty (MDLN.JK)
After consolidated a few moments, this stock is again showing a 'sign' to again doing a rally, but remember this one is quite risky one, once you earn, you can exit first as fundamental didn't support this stock, as in Q2, it suffered losses.
4. Media Nusantara Citra (MNCN.JK)
This stock is quite cheap in value, yet the company has just re-branded one of its channel become MNC TV. This will re-new & re-build the reputation of the channel. Based on the technical view, we can see that it's trying to do a breakout again. We can watch this one as one of our picks. Seems to be forming a flag, but breaking out again creating a higher high.
Rating: Buy On Break; Entry: 610-620, S/L: 550-540
5. Nippon Indosari Corpindo (ROTI.JK)
We're waiting again for this stock to break out the down-trend channel, once it break again, then it's a good confirmation to again increase. So, we can again wait the breakout of 2925 tomorrow.
Rating: Buy; Entry: 2900-2950, S/L: 2675-2650
6. Sahid Jaya Hotel (SHID.JK)
After breaking a new high again, we can see that this stock is very strong in having its position. So, we can again re-accumulate or adding some position on it.
Rating: Buy; Entry: 1240-1250, S/L: 1120-1110
Happy Investing^^
