CT Stock List

After exit strategy for those list has been given, now there will be new picks for you guys. We can see at some stocks for mining this time.

Today I will give two coal-miner, can be said as the top coal-miner in Indonesia.

Adaro Energy, Tbk (ADRO.JK, ADRO:IJ)
Tecnically, it's at the bottom of the uptrend line of ascending triangle, yet, MFI is pointing upward.

Rating: Buy On Weakness; Entry: 1990-2000; TP: 2075-2100; SL: 1970-1980

Bukit Asam, Tbk (PTBA.JK, PTBA:IJ)
Technically, it's in downtrend with a descending triangle, but it's at the bottom of the triangle, so we can have a quite good area to play.

Rating: Buy On Weakness; Entry: 16600-16700; TP: 17100-17250; SL: 16450-16500

Both stocks have a potential upward movement of around 2-4%. But preferably, I'll choose ADRO, as it is in a consolidation time & soon seems to be boomed again.


Happy Investing^^
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