AISA in Analysis

In fundamental view it might be quite late to say that the company is still having the same performance as Q3, as the Q3 performance was dropped & so do most of the companies in Indonesia. Based on the P/E AISA has a big P/E but when looking at the future prospects, the company has a great prospects as it has just acquired some food produces, palm plantations, and a lot of corporate actions in order to expand its business in food.

Based on the technical view, this stock has just gone sideways for 3-5 days when our index was falling down, but this stock went down limited, and once yesterday it breaks the new all time high, then it's a good time for us to buy the stock again.

Rating: Buy; Entry: 840-850, S/L: 730-740 (if today it don't go this low, then this is the point), TP: 970-1070

Happy Investing^^

Disclaimer ON!!!

Engulfing Pattern

Even I personally have left the method or trading style like Buy Low Sell High, but sometimes I think it's still interesting in doing that. Since if it's a right hit, then it's very nice in profit, as you buy at bottom sell on top. Since a lot of doing this way, I'll introduce you all this pattern which is your favourite.

1. Bullish Engulfing Pattern
Usually this pattern appears in a bearish position, where trend is going down & suddenly we spot this pattern & we know that this is a bottom. But again, not all of this kind of pattern is a confirmed bottom, but usually they are bottom.

Criterias:

1. You spot a lower open than previous close
2. You spot a higher close than previous open
3. High volume spike at the white candle & a declining volume at the recent decline bar volume

 

2. Bearish Engulfing Pattern

Usually this pattern appears in a bullish position, where trend is going up & suddenly we spot this pattern & we know that this is a top. But again, not all of this kind of pattern is a confirmed top, but usually they are bottom. Because no one knows how high can a stock goes, sky is the limit.

Criterias:

1. You spot a higher open than previous close
2. You spot a lower close than previous open
3. High volume spike at the black candle & a declining volume at the recent decline bar volume

Happy Weekend...^^

Happy Investing^^
Disclaimer ON!!!

Beware of BSIM

After recoding a very great movement in four days, BSIM, has created the best gain for IPO stock within a week for 2010 IPO stock. It was very phenomenal that it can create a gain of up to 293.33% within a week, even the week since it has just listed is a bloody week.

A stock will never always go up & stock needs rest & they will consolidate, but what I see in BSIM is a reversal pattern in the candle, we can see that it opened higher than previous close & then it closed lower than previous open, which is called as a Bearish Engulfing Pattern, which is also supported with high volume transacted.

Beside a bad view on technical, the authorities has interviewed them about their stock movement, yet BSIM has been listed in UMA (Unusual Market Activity). Keep watching & be aware of this....

 

Rating: Sell On Strength; Target: 255-260

Happy Investing^^

Disclaimer ON!!!

Busy

Sorry can't update a lot this week & next week, due to having an exam.

But still I have a good view for our index, so just wait then...

Happy Investing^^
Disclaimer ON!!!

EZ Stock List (Dec 13, 2010)

1. Sierad Produce (SIPD.JK)
Rating: Buy; Entry: 79-80, S/L: 67-66, T/P: 120-130

2. Indosiar Karya Media (IDKM.JK)
Rating: Buy, Entry: 630-640, S/L: 540-530, T/P: 750-850

Happy Investing^^
Disclaimer ON!!!