Shares BSDE & MAIN Potentially Continuing Strengthening

JAKARTA - Sahaam Price Index (CSPI) Bearish Harami pattern forming indicating slowing the emergence of buying amid selling pressure. JCI was expected to move in the range of 4408-4465.


According to the Head of Research at MNC Securities Edwin Sebayang, said that while JCI dibanyangi selling pressure, but some stocks are still able to continue strengthening

(bullish continuation) such shares of PT Bukit Serpong Damai Tbk (BSDE) with a range of Rp1.280-Rp1.350, which form the Two White Soldiers pattern formed on BSDE indicate a bullish continuation.

Shares of PT Malindo Feedmill Tbk (MAIN) with a range of 2500-2700. Three White Marubozu form a pattern formed on MAIN indicating bullish continuation. Shares Tbk PT Mitra Adiperkasa 6300-6550 range. Forming Bullish Harami pattern formed on MAPI indicating bullish reversal.

Meanwhile, according Kepalaa Securities Research Trust Reza Priyambada stocks that can be considered are the shares of PT Media Nusantara Citra (MNCN) with support Rp2.325-Rp2.400, resistance Rp2.475-Rp2.525 the Stochastic patterning is still flat on the area oversold.

State Gas Company (PGAS), Buy on Weakness to support Rp4.525-Rp4.575 Rp4.650-Rp4.675 resistance, the Double patterning spinning above the middle Bollinger band (MBB).

PT Charoen Pokphand Indonesia (CPIN) with support Rp3.650-Rp3.725, Rp3.825-Rp3.900 resistance, which formed Shooting star pattern. RSI began downreversal. PT Total Bangun Persada (TOTL), trading buy at Rp860-Rp890 support, resistance Rp970-Rp990, Piercing line pattern forming MBB approach.

Sources: http://economy.okezone.com/read/2013/01/22/278/749809/