Today I will update a lot of stocks to be watched & traded...
1. BW Plantation (BWPT.JK)
A solid up trend of the stock movement is one of the hints for us to take a look at this stock, consistently every month the stock making a new high record & it's very probable that this time it will again create another new high.
A lot of reasons that can support my choice:
- As history repeats again, we can see that the stock has the best correlation with the time in 125-day regression channel, which at the inner lower channel it bounced & created a new high at the upper channel & swing again a bit before creating another new high
- Money Flow Index is indicating a positive direction, with low volume when stock is corrected & higher volume when stock is increasing, yet today index was red, but it still went green
- A valid long term bullish channel for this stock is one of the key that will increase chance of winning.
- DI+ is crossing ADX, which means increasing bull power of the stock, Oscillators are heading north which means positivity in the stock price, SAR is almost being crossed by tomorrow which means there's a reversal of trend from bear to bull
Rating: Buy; Entry: 1180-1200, S/L: 1090-1080, TP: 1350-1370
2. Mitra Adiperkasa (MAPI.JK)
Year end is identical with year-end shopping at department stores, having a good time at coffee shops with friends, buying gifts for Christmas & New Year. This is one of the main fundamental that create a synergy for the stock to move on beside a good view on the technical analysis
Based in the technical view, a solid uptrend increase our probability of winning on the stock, looking at the stock able to hold its position above the inner lower regression line even though there are several days that it can't get back to the channel, which price finally got back to its suitable position. Volatility is our friend and it is in the soul of the stock, which moves so volatile which enabled it to go to the outer upper regression line, so indirectly it will be out target price. Reasons to buy:
- Monthly MFI has gone to its low or normal low position & it's now the time for it to end the consolidation before again continuing the rally
- Valid long term uptrend is one of the key for next year investment
- Once the channel breaking has occurred like the past, then the stock will keep creating a new high time by time
- Oscillators are heading north and bull trend is starting when the ADX is now crossing, lower risk is one of the key to gain the advantage
Rating: Buy; Entry: 2500-2550, S/L: 2175-2150, TP: 3150-3200
3. Panin Sekuritas (PANS.JK)
Strong growth in performance & loyal customer bring the company to have their sales increase, yet increase in the branches can increase the sales also.
After consolidating for quite a long time, I saw a same position in the regression line, that the stock jumped when it has just almost reached the outer lower regression line, but suddenly reverse in position., same MFI position swung twice & reversed in position, as history always repeats. Reasons to buy:
- Monthly MFI is already at the very low level, which increase the chance for the stock to increase
- Ranging around 1110-1150, which is a very strong support at 1110
- Valid long term bullish is again one of the key of success
- DI- is bending down & changed the direction before it crossed the ADX, which means the bear power is decreasing
- Oversold position is seen
- Wait until the breakout
Rating: Buy on Break; Entry: 1160-1170, S/L: 1100-1090, T/P: 1780-1820 (REMEMBER!!! Pre-mature entry can increase the risk, wait until the entry price is attained)
4. Bank Permata (BNLI.JK)
One of the Astra Group family which is in banking sector, as good corporate governance is one of the key of the company to expand, rich in cash of the parent company can increase the company's chance to expand & acquisite.
Quite choppy in trend but still an uptrend with a 'just enough' point of the uptrend. The previous two times when the price was near to the outer lower regression line, the price bounced & it increase the confidence that the price has high probability to increase again. Reasons that support the buy:
- An OK score to the bull trend is quite enough for us to trust on the uptrend, low volume when distributed is one of the hints for us to join the accumulation
- DI+ is heading upward, yet the oscillators are golden crossing
- Low risk is one of the key for the stock
5. Timah (TINS.JK)
For this stock I have no much comment but this stock seems to repeat the history happened months ago when it created a 3-month low & finally it reversed & created a new 2-year high, if it happened again, then the price would be more than 3475. The performance of the company isn't improving a lot but only the increase of tins spot price & scarcity of tin which increase the demand of tin for the company
Rating: Spec Buy, Entry: 2825-2850, S/L: 2525-2500, TP: 3500-3525
6. Jaya Pari Steel (JPRS.JK)
Even it's not the leader in the steel business, but the stock is so considerable as it provide low P/E to investors which is one of the attraction to the stock, even the uptrend was quite choppy recently we still can speculate a bit on this one, not many reasons that I can give as only the stock can go positive with a quite OK volume increase.
Rating: Spec Buy; Entry: 630-640, S/L: 530-520, TP: 870-900
Happy Investing^^
Disclaimer ON!!!
