Stock Pick: BMTR

Global Mediacom or BMTR is one of triple stock belong to the clan of Tanoewidjaya, player of biggest media in Indonesia. It has been in bullish pattern after breakout their sideways on early November 2011. Early 2012, apparently BMTR wants to give happy news to its shareholder by bounce up from its strong resistance to continue its bullish.

Confirmation also given by both Oscillator’s and MACD’s golden cross.

BoW 1020 – 1030, SL: 1000, TP1: 1070 TP2: 1140 … DWYOR

2012Jan-Global Mediacom Tbk.-800x600