Market Review (Session 1)

In session 1, JCI closed with negative 0.06% at level of 6,075.89

Market Prediction (Session 2)

JCI: The index closed with a bearish candle. Based on the 15 minute chart: JCI is moving in the range of 6,064 - 6,082. If JCI breakdown from consolidation area, it can go down to the support levels of 6,034 - 6,050 first. But if JCI able to breakup from that, it can strengthen in the short term.

• CTRA: The price just touched the first target at 1,175 (+2.17%). The price opened immediately to gap up. If it does not hold above level 1,160, the price could first go down to the level of 1,150. The price still has the opportunity to continue strengthening as long as it can hold above support level. Ideally the price should test at level of 1,175 in order to continue the upward trend in the short term.
• DMMX: The price had breakdown below support, then the price was able to stay back above the support level. As long as the price closes above support, it is still likely to strengthen. Confirmation to buy, wait for the next candle to become bullish or breakup to level 570. If it goes down below support, the price can pull back to support at 496 (May wait in this area for trading buy).
• ISSP: The price had break down below the support, then the price was able to stay back above the support. As long as the price closes above support, it is still likely to strengthen. Confirmation to buy, wait for the next candle to become bullish or breakup to level 222. If it breakdown to below support, the price can go down to support range of 186 - 192 (May wait in this area for trading buy).
• MAIN: The price managed to cross the 1st target at 930 and the highest at 945 (+4.41%). The next support benchmark is at 910. The price will have the opportunity to continue the trend as long as it maintain above level 910. If the target 980 is reached, the next target will be at level of 1,080. We suggest to be careful if it fails to hold above 910 or goes down below support level.

News

• PT Alam Sutera Realty (ASRI) throughout 2020 suffered a net loss of IDR 1.027 trillion. Worse than the end of 2019 with a net profit of IDR1,012 trillion.

PT Kiwoom Sekuritas Indonesia (KSI)

Treasury Tower 27th Floor Unit A, District 8 Kawasan SCBD Lot 28

Jl.Jend.Sudirman Kav 52-53, Jakarta Selatan 12190

Telp : +62 21 5010 5800

Fax. +62 21 5010 5820

Website : www.kiwoom.co.id