MEDC pattern bullish pennant

MEDC pattern bullish pennant

Saham MEDC membentuk pattern bullish pennant, Breakout R 2700 dengan volume spike. Target MEDC area resisten 3250/3300/3900. Risk level 2850


CLSA (KZ)
- MEDC: The wait is over as CLSA's janeman initiates with a BUY and a 4800
  target price. Very aggressively set target on back of cheap asset purchase
  (newmont mine) and good outlook for their oil/gas businesses. Get your free
  copy here if needed.
- ISAT: FY16 earnings exactly in line with CLSA's abdullah's forecasting prowess
- MACRO: yesterdays central bank auction saw Indonesia add IDR 6.1tr (usd 452m)
  to its coffers while yields continue to come off a little bit.

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