Stock Recommendations October 23, 2009

JAKARTA - JCI is expected back today experiencing attenuation. Even so, the index opened this morning up 14 points or 0.56 percent equivalent.

Following recommendations Securities shares to trade eTrading weekend, Friday (23/10/2009):

EARTH (Rp2.650)-Sell
Had touched the level of support bullish trend. Predicted to bounce back. Recommendations buy. Target resistance in Rp2.975. Trading range Rp2.600-Rp2.975.

INDF (Rp3.125)-Sell
Yesterday touched bullish trend support level and SMA20. Predicted to bounce back as well as stochastic is in overbought. Recommendations buy. Target resistance in Rp3.400. Trading range Rp3.100-Rp3.400.

ASII (Rp31.350)-Sell
Almost touching the level of support the trend. Stocahstic also overought. Recommendations buy. Target resistance in Rp34.150. Trading range Rp31.050-Rp34.150.

BBRI (Rp7.400)-Sell
After falling for some time, stochastic is showing overbought. Recommendations buy. Target resistance in Rp7.700. Trading range Rp7.200-Rp7.700