Stocks Recommendations 11 February 2014

EXCL: Trend Bearish & Fase Distribution, suported Stochastic Oversold, candle Two Crows, close under 4.686 (5-Day MA), trend volume meningkat, support capacity-reduction opportunities are relatively limited, can rebound if penetrate resist 4.686. Resist: 4.575/4.675/4.875/5.050. Support: 4.450/4.375/4.250/4.100. Recommendation: Buy if breakout 4.575 up to 4.675/4.875 stop loss under 4.400.

BEST: Bullish Trend & Accumulation Phase, supported Stochastic Bullish, 3 White Soldier Candle, closing above 482 (5-Day), despite the increase in opportunities limited and vulnerable to profit-taking. Resist: 525/540/570/610. Support: 510/495/465/450. Recommendation: Sell 525/535 targets 495/480 except rises above 540.

SMGR: Bullish Trend & FaseAkumulasi, supported Stochastic Overbought, Star Doji candle, closing above 14,850 (5-Day), despite the increase in opportunities limited and vulnerable to profit-taking. Resist: 15.250/15.550/15.900/16.600 Support: 14.950/14.700/14.400/14.100. Recommendation: Buy 14700-14800 targets 15.250/15.500 stop loss below 14,400.

BBCA: Bullish Trend

& Accumulation Phase, supported Stochastic Bearish Divergence, Bearish Engulfing candle, closing below 10,093 (5-Day MA), the trend of decreasing volume, the increase in capacity is relatively limited opportunities, vulnerable to profit-taking for under 10,375. Resist: 10.150/10.375/10.550/10.750. Support: 9.950/9.800/9.650/9.450. Recommendation: Buy 9800-9900 targets 10.150/10.350 stop loss below 9,650


* Recommended highly dependent trend of price movements and other technical approaches
* If there is a BUY recommendation , the price tends to move up the range of R1 , R2 and R3
* If there is a SELL recommendation , the price tends to move down the range of S1 , S2 and S3
* Buy on Support = uptrend is still a high-risk or close to resist , but if the resist can be successfully penetrated new uptrend
* Spec . BUY = in a down trend with a high risk , but if successful could be a reversal rebound
* PP * is a Pivot Point Support and resistance is determined by the formula pivot , may differ from calculations based on support and resistance chart patterns
* If the price rises above the pivot , then there the possibility of continued rise * If the price moves below the pivot , then the price trend will weaken first
* Price around Resist ( R1 or R2 ) is a level to take profit * Stoploss is the range of the change of direction of a trend down

source:BNIsecurities

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