The last day in 2009 Trade (Analysis)

Tomorrow, prepare to buy & sell quick, as the last day trade. Well, still some blue-chips will be the top picks for tomorrow.

As I predicted last night that INDF would rallied from 3525-3625, and it did. Congratulations to you that followed my plan.

Today, ADRO closed above MA20, the great support, then tomorrow is the rally of New Year gift from ADRO.

Rating: Sell On Strength, TP 1780-1820

ANTM itself might be going stronger tomorrow as today it closed at the resistance & might do the same as today continuing its rally to higher price.

Rating: Sell On Strength, TP 2300-2350

BBRI failed to passed its resistance at MA20. Still it might try to penetrate that level.

Rating: Sell, TP: 7700-7800

INCO is growing stronger as today it closed above MA20.

Rating: Hold, TP: 3800-3925

INDF grew very strong this morning that it was going at the plan. But it closed just at the upper bollinger band. It might create a bollinger bounce tomorrow.

Rating: Sell On Strength, TP 3575-3625, Support: 3300

ISAT will go upward as today it increase its price with big volume, then it might continue its rally to break the downtrend channel.

Rating: Hoild, TP: 4725-4800, Support: 4600

PGAS might retest again the resistance. See this link: PGAS in analysis.

PTBA, today it closed just at the support of MA20. Well, might be a good sign for tomorrow...

Rating: Hold, TP 17500-18000

Happy Investing...^^

Disclaimer ON!!!

Hope

Hope that this analysis will give you any profit....

As it's Santa's gift....

Merry Christmas 2009 & Happy Upcoming New Year^^

PTBA in analysis

After today it rallied & passed the resistant of 17150 as the MA20, then it's now moving upward after several days of consolidation. Now it's heading upward to 18100 as the Fibonacci 100%, after the last time it failed to passed the point. Today it formed a Bullish Engulfing pattern which is the reversal pattern after a downtrend (consolidation time).

MACD is now bending upward while the histogram showed the Bull has come. The Stochastic might form a golden cross tomorrow as the upward confirmation for tomorrow, the RSI is bending upward & the candle has just passed the MA20 which is a quite valid support line.

The candle crossed the MA20 & also the mid-term uptrend channel, which will make it continuing its upward motion to 18000.

Rating: Buy, TP 1800-18100

Addition: Volume does matter that today, the volume is quite big & increment is quite much, Bullish sign!!!

Happy Investing^^

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PGAS in analysis

PGAS is now in uptrend channel, while it closed at mid-term uptrend resistance. While it might continue its upward force as the MACD, Stochastic & RSI is showing a great bullish that it will continue to the next resistant.

Once it breaks the resistances, then it will continue to the next Fibonacci channel.

As the next it might go to 3975, if broken it will continue to 4000.

Rating: Speculative Buy, TP 3975-4000

Happy Investing^^
Disclaimer ON!!!

ISAT in analysis

ISAT is one of the biggest telecommunication vendor in Indonesia. While, its earning is quite stable, as some corporate actions are taken in order to enlarge the market such as re-fining its BTS, offering high-speed internet like IM2, etc.

Well, technically, this stock is in downtrend, even though we can speculate a little on it.

The MACD is below the 0 level, but the MADC histo is showing bullish sign is coming, the RSI & Stochastic is moving upward, seems that this is the consolidation time for investors. But this might be the time to entry.

Look!!!

Rating: Speculative Buy, TP: 4725-4775

Happy Investing^^

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