Tuesday, January 19, 2010

stock pick 20.01.10

Index yesterday shown a new high means its break its resistance and preparing to go further up. However, some caution should be pointed on IHSG has been in positive territory for many days might prone to correction. However our index still uptrend and ready to go to 2,700 in the near future. For me i think index will up a bit today.

Today stock should be avoided is ADRO, but investors should use this momentum to buy on weaknesses. First, ADRO is ready to get 25% of BHP Billiton. Secondly ADRO fundamental on profit showing approximately 4x increase and ready for higher dividend. Thirdly, recommended stock by Goldman Sach one of Warren Buffet investing company. But its showing doji star on its chart yesterday indicate a reversal point, and still uptrend no worry. Next stock is ELSA to be caution.

Wah DOID miss predicted as I was pointed out to go up 2 days ago but rather yesterday. Stock to aim PGAS technically uptrend and ready to go to 4,000 again with a news of resignation of one of its non executive director. HEXA beak out again all the time ready to go up again. Goreng2 if you dare try IKAI ha... be very careful as teroris inside ha... All the best Will I Am Chen... GBU

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