There are good stock and market recommendation and suggestions out there,
but there are some which should be carefully examined under caution. In
politics of stock pick and recommendation, the apparent suspicious move made
by brokers is when the upgrading or downgrading of the price target takes
place while the stock has all the way got extended up or down. The simple
clue to highlight the non-sense is the valuation on consensus. This is no
one can say a lie because everybody is watching. And, you will find the
truth when the inconsistency is traceable and lead you to the contrary,
beyond a reasonable doubt and preponderance of the evidence.

We use this all inconsistency as one of confirming valid signal that
something has topped what anyone may expect to run up. Let us check.

Bloomberg (July 1):
PT Astra International (ASII IJ), Indonesia’s largest automotive retailer,
rose 3.2 percent to 66,550 rupiah, the highest close since at least August
1991. *CLSA Asia-Pacific Markets increased the company’s share-price
estimate by 17 percent to 75,000 rupiah, saying Astra is a “key proxy to the
region’s consumption story.*”

Sellers side story (July 1 table):
[image: ASII-Sellers List (July 1).png]

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<<ASII-Sellers List (July 1).png>>

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