MAPI

This evening I tried to get in to MAPI after a buy signal is available, but I didn't get it....
Fundamentally, the price is still cheap with 5.5x PER & yet the other good news is we are near to Idul Fitri & time for MAPI to collect money....

Happy Investing^^
Disclaimer ON!!!

CT Stocklist

After being closed at a damatical action by traders, JKSE has closed above the level of the low, which is closed 23 pts above the low. This has increased the speculation of the market that the index is still strong, yet, I can say that our index might be in the correction wave A.

Stock picks maybe not much, but we can see at MAPI.JK, as this stock is in a good up trend, yet the stock is heading upward which is shown by the MFI, the other stocks are not recommended yet.

The other thing that support the increase is the volume increment and the breaking of the Peak.

Rating: Buy On Weakness; Entry 1180-1200, TP: 1240-1390, SL: 1010-1020

Happy Investing^^
Disclaimer ON!!!

DOW & Futures

Yesterday Dow & Futures are closed in confident way after in dip for hours & finally back & seems to be reversing upward as it is forming a piercing candle as a reverlsa pattern yet the strong support of Dow at 9960-9970 hasn't been broken yet.

Yet another futures like Crude is positive. So, be positive for today.

By the time of writing, most futures are going flat.

Happy Investing^^
Disclaimer ON!!!

CT Stocklist

From the screening, tomorrow the most possible going up stock is at the Infrastructure & Basic Industries sector. Yet, one of the most promising index is the JII ( Jakarta Islamic Index) so we can see some stock of it.

Based on the technical point, the index is forming an ascending triangle which is a good sign with the increment of the index together with the volume. Yet indicators & oscillators are positive.

Target: 491-500

The stock lists that is filtered for today are:

The decline of ANTM seems to be more limited & upward movement seems to be seen here.

Rating: BoW, Entry: 2000-2025, TP: 2175-2200, SL: 1970-1980

After closing its gap last week, INKP pulled back & seems that it's forming a descending triangle pattern yet the indicators are all positive toward it.

Rating: BoW, Entry: 2000-2025, TP: 2150-2175, SL: 1940-1950

 

After forming a rounding bottom, TLKM seems to be getting stronger & yet the chance to continue upward movement to 9100-9200 is more widely open.

Rating: BoW; Entry: 8700-8750, TP: 9100-9200; SL: 8550-8600

Happy Investing^^

Disclaimer ON!!!

Crude Oil

Crude Oil seems to be having a rebound a little bit as it is a the uptrend trading range support with positive sign of oscillators & indicators.

Although the statistical indicators is showing negative on it, but still the news is not that good.

Happy Investing^^
Disclaimer ON!!!