Thursday, 23 September 2010

MEDC

MEDC has good signals, MACD golden cross and almost cross center-line, stochastic is uptrend and ready to cross center-line also. I think it will easily break 3150 and also downtrend line to reach its short-term target at 3450. CL if break uptrend line or if fall below 3025.

Regards,
JNS
~We do our best and GOD will do the rest~

TRUB - as requested

(daily chart)

(weekly chart)

In weekly chart, we can see TRUB has not yet break the downtrend line. But, there is a buy signal at the last 2 candle and the stochastic is oversold.
In daily chart, TRUB has break short term downtrend line at the last 5 candle, but still can't break resistance level at 88. If it can break-up 88, it's possible TRUB to break long term downtrend line. Stochastic is overbought. I think, TRUB is going down to area 71-79. Best entry is near 71, but CL if break 65.

Regards,
JNS
~We do our best and GOD will do the rest~

ASRI

ASRI weekly form a symetrical triangle, hope it would not break down as the confirmation.

Regards,
JNS
~We do our best and GOD will do the rest~

Wednesday, 22 September 2010

ELSA

ELSA after break its downtrend line and strong resistance (320 and 335), it runaway very fast to its next resistance 370-390. Today's candle, many traders take profit and push the price to 350. My point of view, we can accumulate when the price retrace to 320-335, with cut loss level if break and close below 320. Target price would be 460.

Regards,
JNS
~We do our best and GOD will do the rest~

BTEK

BTEK is make pennant but already break-down with support 500-530. MACD and stochastic is still downtrend.
The scenario are as follow:
1. Spec buy around 500-530, but if fall below 500, CUT LOSS!!
2. If break and close above 610, we can buy with target 700, and if break again, sky is the limit.
I'll update the chart again for the next movement.

Regards,
JNS
~We do our best and GOD will do the rest~

DOID

DOID is very interesting, if break 900 as its important level, the potential upside is very wide with target 1060-1090. Today's candle has break but fail to close above 900. So, we have to wait until candle confirm closed above 900. Just wait and see.

Regards,
JNS
~We do our best and GOD will do the rest~

KARK

KARK seems trying to make the handle of "CUP & HANDLE" pattern, but in my opinion, it should break 99 (strong resistance). BUY 1 tick above at 100, and ride it until the 108-112 (next resistance. Let's see if it could happen or not. I'll update later if the scenario handle is happen.

Regards,
JNS
~We do our best and GOD will do the rest~

MEDC

MACD MEDC is almost golden cross, Stochastic uptrend, but it can't close above its strong resistance at 3150, although high today reached 3225. Why? Most of all stocks in JKSE fall around 3:00 pm, because of negative sentiment from Europe which opened minus almost 1%. So, let's see tomorrow, can MEDC break 3150 and reach its near target at 3450.

Regards,
JNS
~We do our best and GOD will do the rest~

ITMG

ITMG will pay interim dividen Rp795,-/share, cum date at 28 Sept 2010. Yesterday's candle break-up triangle, followed by today's candle break resistance gap at 39,100. Near potential target 40,450.

Regards,
JNS
~We do our best and GOD will do the rest~

ASRI

ASRI looks trying to reach 205-210 again, MACD cross centreline and stochastic in overbought area, support I = 195, support II = 191.

Regards,
JNS
~We do our best and GOD will do the rest~