ISAT: The Last Sunset - Trading Consultant | Securities | Research

Monday 06 Feb 2012

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Wednesday, 01 September 2010 09:18

POINT OF VIEW
ISAT: The Last Sunset

Summary. We see the multi-week downtrend near completion since ISAT is approaching the end of wave 5 target price at around Rp4,200-4,250. Strongly recommend a BUY when the daily stochastic bullish reversal is at around Rp4,200-4,250. We predict the downtrend should complete at around 7-9 September.

When the price rises above Rp4,675, the downtrend is complete and more than likely, the new bull trend begins.

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Analyst Certification:

The views expressed in this research report accurately reflect the analyst’s personal views about any and all of the subject securities or issuers; and no part of the research analyst’s compensation was, is, or, will be, directly, indirectlyrelated to the specific recommendations or views expressed in the report.

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