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Sunday, April 18, 2010

INCO and ANTM GOOOOD

Indonesia - PT International Nickel Indonesia Tbk (INCO) explore possibilities of cooperation with PT Aneka Tambang Tbk (ANTM) in terms of supply one million tonnes of nickel per year.
PT International Nickel Indonesia Tbk (INCO) nickel production projected to reach 68 thousand metric tons in 2010, only slightly higher than production in 2009 were 67 thousand metric tons. Meanwhile, until the end of the first quarter of this 2010 production has reached 17 thousand metric tons or about 25 percent of the target.

INCO and ANTM have very good technical!! Check this out :




INCO touch its TOP at 5000, than it pull back again. When I checked on MACD and Relative Strength Index, that indicators said that INCO will be down this week. You can buy again when it candlestick touch Moving average 30 days.

ANTM Still in BULL side BUT if in this week INCO go down, ANTM will go down too. Buy ANTM when its candlestick touch 2450 points.

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