Saturday, April 5, 2008

ASII.JK / .IJ (Astra International)


Top pick for next week : ASII
* Price have touched down the outside area of the lowest Bollinger bands a few times (Technical rebounds save the price in late session from lowest price)
* Parabolic SAR is at the upside (Bearish indicators)
* Volume +, Price - (Bearish indicators)
* Three black crows candlestick pattern occurred last week (Bearish indicators)
* RSI under 25
* WAIT for the reversal breakout BEFORE start to accumulate
* Target Price : 18k
* Others potential influence : Foreign indices, Regional indices

-Disclaimer-

No comments: