First Asia Capital: Support Strong Index on the 3800
Profit taking action that happened yesterday has made the corrected index. The index at the close of yesterday's close at position 3869.41 down weakened 36.84 points or about 0.6%. For the first time in the last two weeks of recording foreign net sales. Foreign record net sales of up to Rp. 320 billion on Friday trading yesterday. But the accumulated during last Sunday's net purchases of foreign notes up to Rp 1.8 trillion. Besides pressure from Europe's debt crisis as a result of regional also participated in the index. Mining sector and trade declined sharply enough.
Global exchange is also recorded on the weekends experiencing a correction yesterday. DJIA and S & P were recorded having a decrease of 0.13% and 0.25%. Whereas yesterday appeared positive catalysts i.e. data of labor are improved. Going on the addition of as many as 200 thousand jobs during December, exceeding the expectations of economists of 155 thousand. The unemployment rate also fell to the lowest level of 8.5%, since March 2009. While it is still busily engaged with Europe's debt crisis. Euro currency continues to drop against the US dollar, has even dropped to 1.7% throughout the beginning of 2012. Yield Bonds Spain last week also rose up to its highest level in 17 years. Development of the last Chancellor of Germany Angela Merkel and France's President Sarkozy will soon meet to equate steps in order to rescue the euro zone in three months in advance. The European Union is also rumored to be delayed an oil embargo Iran to protect its member countries which are experiencing debt crises.
For today's trading will TRADE on the move with the trend towards consolidation is weakening. The Nikkei index and AORD this morning also opened weakened. However attenuation index will not be too large. Indicators show the trend of declining oscilator already. RSI and Stochastic from overbought is out. But the index still hang above the 5 d and 20 d MA MA. As for the strong support of the index is in the range of 3800. With the support of the minor in the range of 4990. as for the strong support of the index is in the range of 3800. With the support of the minor in the range of 4990.
IHSG S2:3820 S1: 3845 R1:3899 R2:3820
Saham Pilihan :
ASRI 470 - 510 Sell on Strength
BKSL 250 - 280 Spec Buy
BWPT 1160 - 1220 Sell on Strength
TBLA 580 - 600 Sell on strength
BMRI 6550 - 6850 Buy on Weakness
BBRI 6750 - 7000 Buy on Weakness
HRUM 6800 - 7150 Buy on Weakness
BSDE 960 - 1050 Buy on Weakness
PTBA 17600 - 18800 Buy on Weakness
