Market Review (Session 1)

In session 1, JCI closed with negative 0.32% at level of 5,933.30

Market Prediction (Session 2)

JCI: The index failed to hold higher and closed down with a bearish candle. JCI is expected to continue its decline to our support flow.

• BSDE: The price is corrected with bearish candle and is still in our buy range. The price still has a chance to strengthen as long as it maintain above support level. Be careful in case of it breakdown below support level.
• ISSP: The price has successfully touched the first target at 236 (+2.6%) and has the opportunity to maintain in positive trend. For the next buy confirmation, the price must break up again to level 236. Be careful if the price closed in bearish candle.
• KIJA: The price is corrected with bearish candle and is still in our buy range. The price still has a chance to strengthen as long as it maintain above support level. Be careful in case of it breakdown below support level.
• LSIP: The price has successfully touched the first target at 1.350 (+1.88%). The price will return to yesterday's closing level to close the gap if it doesn't return above level 1,340. We suggest to be careful if after closing the gap area is unable to hold, the price can go back to support level.

News

• PT Metrodata Electrinics Tbk (MTDL) during the first quarter of 2021 posted a net profit of IDR121.59 billion, an increase of 29.01 percent compared to the first quarter of 2020 of IDR94.25 billion.
• PT Sinar Mas Multiartha Tbk (SMMA) provided additional capital to its subsidiary, PT Arthamas Solusindo, amounting to IDR 260 billion.

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