Mar 31, 2010

Spec Buy for Bakrieland Development (ELTY), as EMA is golden crossing...

Rumoring on Adaro Energy (ADRO) that it's financial statement is quite well that it posted around 200% increase of net income YoY...
But, we can see that the technical analysis of ADRO is quite well, that it's going to break the resistance....

Rating: Buy ; TP: 2000-2075



Happy Investing^^
Disclaimer ON!!!

Movement on 30th

As yesterday, the stocks are moving variably, today seems the market is still going up again, as yesterday might be only a correction.

ELSA is showing a reversal candle, as today will be the confirmation. If it goes down, then it will be a sell signal for us, but once again if it goes up, it means the candle was only a correction.

So does HEXA which is forming an ascending triangle formation.

Ratings will still be the same. But remember, when we've got the profit, realized them as it is close to the high when people is profit taking.

Happy Investing^^
Disclaimer ON!!!

Mar 29, 2010

Our Indonesian Stock Exchange Index (^JKSE), is still in strong bullish. It's shown by a strong uptrend by the ADX (Average Directional Index). Stochastic has no reversal signal as it's closely touching the 100%.

Well, as our macro stock index is still showing strong trending, we can conclude that BUY is still on the counter. What to be watch? Then this is the right place to get a peep.

Elnusa, Tbk. (ELSA.IJ, ELSA.JK), one of the government's firm that is still having strong performance. It posted 600% increment of net profit, that make investors targeting this stock. Well, fundamentally, this stock is still cheap with low PER below 6x.

Technically, strong bullish is still shown by ELSA with ADX >40, DI+>DI-. MACD, ROC & RSI is still bending up.

Rating: Buy, TP: 530-540, SL: 415-420

Hexindo Adiperkasa (HEXA.IJ, HEXA.JK), one of the heavy equipment company, that perform quite well. The stock is still growing as the macroeconomic of Indonesia is growing. Not much information can be given.

Rating: Buy, TP: 4150-4400, SL: 3850-3950

Happy Investing^^

Disclaimer ON!!!

Peeping....

It's rumored that ADRO posted 200-300% higher net income, for confirmation, we'll wait for today's news...
I think, it's great if so, and prepare for the jumps from 10-20%....

Well, the EMA5-15 is golden crossing & everything is in great position.

Rating: Buy On Weakness, TP: 1920-2075, SL 1840-1860

Happy Investing^^
Disclaimer ON!!!

Watchlist after break....

After yesterday ADRO showing a sell signal, as today it closed 1870 at the mid-session, there's buy signal from MACD, SMA5, William's%R, ADX, ROC & RSI is strengthening from below 50%, then we can start collecting it, before it crossed 1890 as the confirmation. Collect earlier to have a better chance to win more....

KLBF is still at strong uptrend as today it rallied again, Entry 1800-1840: TP: 1900-1920

BMRI is at the resistance of all time high at 5300, if today it break, the next target is 6500 said one of the security in Indonesia.

All stocks above are all in strong uptrend as ADX is showing above 35.

Happy Investing^^

Disclaimer ON!!!