CT Stock List

After giving ASII as the best candidate, then the next one will be some stocks with thousands price, like SGRO,  INDY.

1. Sampoerna Agro (SGRO.JK, SGRO:IJ)

SGRO is showing a strong uptrend just like its products CPO which is also uptrending after in a dip for quite a long while. Hence, this firm is still having a lot of young plant, so that the potential for investing is still very big. CPO increase with the Bull market of Indonesia which is still supported by the foreign.

Technically, the indicators are showing positive direction even the last candle was decrease. Accumulation at lower price will be quite wise this time.

Rating: Buy On Weakness; Entry: 2500-2525, TP: 2700-2725, SL: 2350-2375

2. Indika Energy (INDY.JK, INDY:IJ)

INDY is showing a huge increment since May 25,2010, this shows a fairly strong uptrend that might be a time for us to earn some money from it. I have no idea about the fundamental data of this stock.

Technically, the stock is oversold & seems to be going upward in near time, we can take this chance to win the game. It is still showing a quite negative for EMA Crossover system, but after it dead crossed and down at certain level, we can start to buy.

Rating: Buy On Weakness; Entry: 3025-3175, TP:  3550-3700, SL: 2950-2975

Happy Investing^^

Disclaimer ON!!!

New trading idea

After suffering losses from the ASII as the SL point was touched, finally I realized that I didn't suppose to put a too close stop loss, as it might harm our profit. So, we can conclude that doing a close stop is only for some not so good stock, unlike ASII, which is a great one.

But actually, I didn't stop any losses from ASII as I believed that it is still in a good position. And now, I still recommend to Buy & accumulate ASII from now on, as a very good chart is shown.

Based on the chart pattern, ASII seems to be forming a "Double Bottom pattern", which will be confirmed at the level of 49150. If the price broke out this level with a huge volume, then a re-accumulation of buy is quite wise. The upward potential is around 5-7.5% or even more.

The other indicator that is still showing a good condition is the EMA Crossover system as the system is showing that the "golden cross" is almost happen, as what I predict that the golden cross will happen when it closes at 49150 too.

The other oscillators are showing almost all oscillators I use is showing a positivesignal to this stock, from MFI, CCI, Stochastic, RSI & also William's%R. Yet, the MACD seems to be doing a bottom reversal. In addition, based on candle stick pattern analysis, that the last 3 candles are showing a very nice pattern, that the last 2&3 is showing a Bullish Engulfing Pattern, yet the last one candle is showing a White Marubozu which are bullish reversal pattern & bullish pattern .

Rating: Buy; Entry: At any open price, TP: 51750-52050, SL: 46000-46150

Happy Investing^^

Disclaimer ON!!!

JKSE Analysis

Based on the economic data that Indonesia is still growing with a accelerated rate, that now we're almost facing an overheated acceleration. This is one of the things that is worried by our Central Bank Governor, who is thinking a solution for reducing the acceleration of the inflation, who proposed "re-denomination"of IDR, but rejected by the parliament & ordered to find a new solution. This means that foreigner is still eager to invest in our country, as the government bonds are mostly bought by the foreign & also some companies like ASII.

The other fundamental report which support Indonesia Stock Exchange to accelerate is the upgrade rating by Fitch & other rating firms. Especially for Indonesian bonds & stocks become a "investment" grade. This also attract foreign to collect Indonesian stock as we're one of the best performing stock around the world which is keeping making a new high record.

Based on the technical analysis, we can see that JKSE bounced after it touched the support trendline at around 2990-3000 level. This decline was supported by a low volume of trading, even though the last day trading, the investor is still uncertain of the price increment as the volume wasn't big enough, but forming a Bullish Engulfing Pattern which is a bottom bullish reversal pattern, together with the last two days candle forming a hammer.

The indicators of EMA Crossover system failed to form a dead cross, but re-bend upward. JKSE was bounced back from the level of Linnear Regression Line +2 SD and still showing a positive movement. Oscillators are showing good, from MFI, CCI, W%R, Stochastic, RSI are still showing positive movement. MACD seems to form a bottom reversal pattern too.

Based on the chart pattern, the JKSE is forming a symmetrical triangle which is now bounced from the uptrend channel and aiming to breakout the downtrend channel. Once it break out, then the target will be a new high again.

Target : 3070-3085, 3125-3150

Stock analysis is next up!!!

Happy Investing^^

Disclaimer ON!!!

CT Stock List

After being pushed down by the F seller with a 80k lots downforce, finally ASII create a strong upward reversal. And the MFI Optimized showed a confirmation of buy right at the price around 47xxx, which happened early in the morning.

Yet, ASII become one of the best performing stock today & yet it increased very solid & yet tomorrow might be a good time for us to re-collect again. Today I entried the market again after a very strong upward reversal.

Rating: Buy On Weakness; Entry 48500-48750, SL: 48100-48400, TP: 51250-51800

Well, for the JKSE itself, we can see that it has been back to the track. After two days ago it went off the track, yesterday it showed a reversal pattern with a white candle with the bullish confirmation at today's strong white candle.

Yet, the decline days ago caused the decreasing of validity of the JKSE at its track become 76% from 96%. But still this is quite reliable, with a possiblity of random around 25%. While watching the happening of the 25% of possibility, we can still earn profit. But remember, once we've earned 3-10% of profit, we can go & see for a new another stock.

Yet, the MFI & other indicators are showing a oversold indications, yet some indicators are showing reversal pattern & buy signal since yesterday.

TP: 3135-3165

Happy Investing^^

Disclaimer ON!!!

CT Stock List

After long time no entry to stocks, now there's a stock which has gone down since long time ago, but now it has been going up a little bit. Slow but sure is the best word for it.

Telekomunikasi Indonesia (TLKM.JK, TLKM:IJ)

After consolidating a long time & gone down from a very high price to a very low price, now it is the time for it to move the index, it will surely becoming the fuel of moving our index together with some stocks like ADRO which hasn't gone up yet. I upgrade ADRO to Entry (2000-2025), the target for now will be increasing to 2200, and SL still the same. For TLKM, it needs quite a long time for it to go up again to 10,000. But we can now start collecting it but keep watchout as August market is a little bit risky market.

From technical analysis view, we can see that it is still inside the Linear Regression Line for 23 days with the confidence level of 89.59% of movement and the rest is still random which is around 10.41%. So we can start to see when it dropped we can enter the market. MFI is in oversold area, so we're waiting for the dropping to enter the market before we are buying at high.

Rating: Buy On Weakness; Entry: 8050-8150, TP: 8350-8450, SL: 8000-8050

2. International Nickel Co. (INCO.JK, INCO:IJ)

INCO is a strong company, with a good management yet the stock is very good in movement, once it confirmed the upward motion, then one day will be a very great day for it to push the price to 3-5% in a day. Although the price is quite high now, we must wait a moment after this posting.

Technically, it is still in uptrend wave, with a validity of 86.73% and the rest is randomized. Yet this is showing a strong figure statistically. Well, we can see that the price is overbought and now we are waiting for the downside time to enter the market. Yet, the the gaps from 4250 to 4825, so upward potential is there.

Rating: Buy On Weakness; Entry: 4025-4075, TP: 4325-4400, SL: 3975-4000

Happy Investing^^

Disclaimer ON!!!