Stock Watch Apr 30, 2010

As predicted yesterday, that today index will move higher, and tomorrow might continue with trading range between 2910-2960. It was because of the Federal Market Open Committee (FOMC) results said that they won't hike the rates at this moment, while market was in worry yesterday. Remember, at this moment we must slow down our buying action, as index is too high for now on, and it's in a 'bubbling' state.

Recommendation for this week and for next two weeks, it is better for us to do trading only rather than investing, as the World Cup season is closer, yet the foreign hot money is slowing down, or we can say that the price is now increasing but the volume is decreasing.

Stock watch for tomorrow will be still in Astra Group.

1. Astra Int'l (ASII.JK, ASII:IJ)

As today it can hardly break its resistance level at 46200, then it's time for us to realized our profit, as this stock is now can run heavily. But still, it can run a bit tomorrow, not recommended to buy anymore, just for trading or better to realize the profit.

Rating: Sell On Strength, TP: 46700-47000

2. Astra Agro Lestari (AALI:JK, AALI:IJ)

After days of black, we can speculate buy on it. Remember we are playing on bearish stock, be very discipline in taking profits & stopping losses.

Rating: Buy On Weakness; Entry: 22000-22200, TP: 22500-22800, SL: 21500-21600

3. Bank Mandiri (BMRI.JK, BMRI:IJ)

It closed high tioday but the price is almost reached the resistance, not so good in position, we can start to realized the profit, as this stock is overbought.

Rating: Sell On Strength; TP: 5550-5650

4. Indofood (INDF.JK, INDF:IJ)

It has consolidated for quite long time, we can now start to recollect it.

Rating: Buy On Weakness, TP: 4200-4300, SL: 3700-3725

Happy Investing^^

Disclaimer ON!!!

Stock Watch Apr 29, 2010

Due to, not much time I have, I will still provide you hints.
ITMG; Sell On Strength, if possible not after 1st session, as tomorrow will be the cum date of dividend, if you want to keep for dividend, be sure to hold and not to cut losses, as this stock will be re-rated after ex date.

ASII: Hold

ANTM: Trading Sell, as today EMA5-15 is crossed.

SGRO, Trading Buy, is going to close the gap for today trade

PTBA, Sell On Strength, it is in as overbought area.

ASGR, Spec Buy, R1: 435-440

Happy Investing^^
Disclaimer ON!!!

Stock Watch Apr 28, 2010

After today, technical correction had taken place, after long straight winning days, it's quite logical that investors starts to take profit, and seems tomorrow will be the beginning of the consolidation time, so, it's quite wise for us to take profit in this two days.

Well, not much analysis will be given as I'm quite busy & need to have some rest, I'll still give you all some hints.

Stock watch:

1. Indo Tambang Raya Megah (ITMG.JK, ITMG:IJ)

Rating: Trading Buy, Sell On Strength; TP: 40800-41200

2. Astra Int'l (ASII.JK, ASII:IJ)

After gaining for 6 straight days, it's quite rational to be corrected, meanwhile, tomorrow or Thursday - Friday, will be a great day for this stock, as there might be a secret unfold inside the investors. To know it, you can email me directly, I will tell you the secret.

Rating: Buy On Weakness; TP: 46700-48150, Mid term: 50000-50500

3. Kalbe Farma (KLBF.JK, KLBF:IJ)

Rp2000 is the psychological level that become the support of KLBF.

Rating: Buy On Weakness; Entry: 2000-2025; TP: 2100-2125

4. Bukit Asam (PTBA.JK, PTBA:IJ)

The bad issue of the two guilty directors seems doesn't affect the stock, and it has just broken a new high, and seems, the next target will be higher.

Rating: Trading Buy; TP: 19500-20000

Happy Investing^^

Disclaimer ON!!!

Stock Watch Apr 27, 2010

After a long day of rally of IDX, suddenly at the end of the day there are a lot of investors & traders who realized their profits, which give a big pressure to IDX to close high. But, well then IDX is still going to be stronger as the fuel of the strong index is  the hot money entering Indonesia nowadays.

We can see that foreign money in Indonesian Stock Exchange  increase buy net buy of more then Rp1Trillion, which is a great amount of money. While in US, the economic data are reported better than forecasted recently, which is one of the  good sentiments to our index, as US is the most consumptive country, as we are one of their biggest supplier.

Technically, we can see that index has just broken its new high, and based on elliot wave, we are now at the wave 1, and seems to be tomorrow will be the wave 2 (beginning), so it's quite wise for us to sell on strength...

Rating: Sell On Strength; TP:2888-2900

Stock watch for tomorrow:

HM Sampoerna (HMSP.JK, HMSP:IJ)

Not a very liquid stock but still this firm is one of the strongest company in its industry, yet, the US new regulation of non-"cengkeh" cigarette only that can enter US market, as this firm doesn't produce any of that kind of cigarette, and there will be no impact to their export to US.

Technically, the EMA crossover showed that this stock is golden-crossing and yet, it is almost the shocking time for it, so we can speculatively buy on it.

Rating: SpecBuy; TP: 17000-18000; SL: 13500-13650

Bhakti Investama (BHIT.JK, BHIT:IJ)

This investment firm has just finalized their acquisition on 3 mining company,as the firm is still growing, yet the company will give bonus share to their investors with ratio 1 (old) : 3 (new). And this might increase the liquidity of the stock, the other consideration is their direcotr has just bought back the share at Rp1020, and this might be the other sentiment of increment toward the stock.

Technically, most of the indicators are showing reversal pattern, where as MACD is bending upward, EMA crossover is moving upward, hence, it has crossed the MA5, stochastic & W%R is moving upward. As well as, the symmetrical triangle of the stock, the next target will be higher.

Rating: Buy On Weakness; TP: 1050-1100, SL: 770-780

Gudang Garam (GGRM.JK, GGRM:IJ)

The other firm of cigarette, but this one has consolidate for quite a long time, so as today is the first confirmation of the reversal, it formed an descending triangle pattern which is now is heading upward, we can take our profit not too far, but still we can earn some money.

Base on the historical pattern this stock can stay quite a long time at overbought area. And this stock is quite strong as this firm is one of the biggest cigarettes player in Indonesia.

Technically, it has just bounced from the descending triangle pattern and it has just moved up from the 1st candle. ADX, MACD, Stochastic, W%R, is still showing upside force.

Accumulate the stock if the price break above 28500 with big volume.

Rating: Buy On Weakness; TP: 28500-28800, SL: 27250-27350

The last one is Agis (TMPI.JK, TMPI:IJ), as today it corrected upward, seems the "big" player is making elliot wave pattern, we can speculate a bit on it.

Rating: SpecBuy, TP: 290-330, SL point is when the selling pressure is too high...

Be kindly to join my group chat by clicking the button at the right, and add the contact shown, either onee MSN or YM.

Happy Investing^^

Disclaimer ON!!!

Stock Watch Apr 23, 2010

Well, not muc can be given for tomorrow, as index is breaking its high again, but one word, that we're moving better or higher and still investors are still optimistic toward our economics. It is expressed on our index which is keep moving upward. Yet, actually besides the good sentiments from big caps company, the tecnical analysis views still very great.

Technically, our IDX has just broken the descending triangle pattern and actually it's creating a continuation pattern to go further, yet our index will push higher to higher level, before the seasonal sentiment of World Cup which might slow down the world of stocks.

Rating: Good; Target: 2950-3000

Some picks for tomorrow, we can still watch at ASII, ITMG, TINS, TBLA.

ASII, after broken the downtrend channel, it might continue to the next resistance at 46700, and might recontinue to break the next resistance at 48150.

Rating: Buy; TP: 46500-46700

ITMG, haviing good sentiment of high yield of dividend is the main fuel of the stock to be boosted up,still high target is aimed.

Rating: Buy On Weakness; TP: 39300-40000

TINS, high demand of tins with low inventoriy level, boost up the price of LME tins, which makes TINS earn extra income.

Rating: Hold; TP: 2950-3000

TBLA after posting higher net income FY2009, this stock might be the best pick for penny stock, yet the good technical analysis view might be a consideration for us to enter, as today it didn't go much lower.

Rating: Buy; TP: 465-485

Happy Investing^^

Disclaimer ON!!!