Market Review (Session 1)

In session 1, JCI closed with positive 0.29% at level of 6,054.17

Market Prediction (Session 2)

JCI: The index is in accordance with our projection which has the opportunity to strengthen. JCI has just touched the resistance at level of 6,058, there is a potential for further break if it is able to breakup above level 6,058 again. We suggest to be careful if the next candle is unable to break and forms a bearish candle, because the index may fall back.

• DMMX: The price is still strengthening with a bearish candle and the highest is at 520 (+2.97%) or I tick below the first target. The price still has the opportunity to strengthen to test resistance. If it goes down first, ideally the price need to hold above support level to keep the uptrend. Be careful in case of it went below support level.
• LPPF: The price had strengthened 1.655 (+2.47%), then closed in bearish candle. The price still have the opportunity to strengthen in the medium term. If it goes down first, ideally the price maintain above support level to keep the uptrend. Be careful in case of it went down below support level.
• SCMA: The price was corrected first and is still in our buy range. The price still has the chance to strengthen as long as the price able to maintain above the support level in the near future. If the next candle is not bullish again, the price will first consolidate before continuing to strengthen. Be careful in case of the price go down below support level.
• WIIM: The price only touches the first target at 1,000 and the highest at 1.010 (+3.06%). The price was corrected first and is still in our buy range. The price still has the opportunity to strengthen again as long as the price hold above support level in the near future. Be careful in case of it went below support level.

News

• PT Unggul Indah Cahaya Tbk (UNIC) throughout 2020 pocketed a net profit of USD27,703 million, this profit jumped 125 percent from the net profit of USD12,212 million the company in 2019.
• PT Metropolitan Land Tbk (MTLA) throughout 2020 pocketed a net profit of Rp. 272.29 billion, or eroded 44.03 percent from Rp. 456.97 billion in 2019.

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