DISCLAIMER

This research report is prepared by PT MINNA PADI INVESTAMA Tbk for information purposes only and are not to be used or considered as an offer or the solicitation of an offer to sell or to buy or subscribe for securities or other financial instruments. The report has been prepared without regard to individual financial circumstance, need or objective of person to receive it. The securities discussed in this report may not be suitable for all investors. The appropriateness of any particular investment or strategy whether opined on or referred to in this report or otherwise will depend on an investor’s individual circumstance and objective and should be independently evaluated and confirmed by such investor, and, if appropriate, with his professional advisers independently before adoption or implementation (either as is or varied).

Rabu, 11 September 2013

Morning Dew - 12 September 2013

Key Points
  • Despite it managed to get through the resistance zone around 4373-4383, JCI failed to hold onto its gains and slipped back to 4349.42. The fall came in after a strong rally off 4012 and considered so far as profit-taking and also as the FOMC meeting is getting closer. The majority of the market participants now have expected the Fed to start reducing its stimulus this month, but there is still some degree of uncertainties regarding how big will the Fed start its stimulus reduction.
  • The rise to hit 4404 risked completion of the corrective uptick of the JCI. If so, we are facing a risk of another downward pressure towards the previous key supports at 4012.. Near-term however, the downside is likely to be limited to 4206.95. On the resistance side, 4404.75 will be the near-term resistance for now, while the next big thing will be the prior low at 4563.
  • No changes in view on the recommended stocks at the moment. ARNA now the only one still underwater while the others have seen green. Thursday is expected to be positive as the US stocks ended on a firm footing overnight. US consideration over Russian proposal on Syria has also responded positively as this could avert the US military attack on Syria.
Click here to download the full update (PDF)
Diposting oleh di 15.06
Label:

Tidak ada komentar:

Posting Komentar

Langganan: Posting Komentar (Atom)