Market Review (Session 1)

In session 1, JCI closed with negative 0.92% at level of 5,921.08

Market Prediction (Session 2)

JCI: Index closed down and breakdown to support at 5,922. If it does not return above the level of 5,922, JCI can return to the next support at the range of 5,883 - 5,892. If it is able to return above level of 5,922, JCI can move back to 5,941.

• ANTM: Price closed down with a bullish candle. The price returned above support after the gap down was opened at the start. There is still a chance to strengthen if it closed still with a bullish candle. For further confirmation, wait for the next candle to be bullish again, if it is bearish the price can first go down to support at 2,490.
• BWPT: Price closed down with a bearish candle and is in the range of support. If the price is able to hold, there is a chance to strengthen. Confirmation for the buy signal, the next candle must be bullish again. If it is bearish, the price can first go down to the support at the range of 112 - 114.
• CTRA: The new price touches the first target at 1,185 and the highest at 1,190 (+2.58%). The price is still in bullish condition and still has the opportunity to continue strengthening. Ideally the price within 1-2 candles ahead does not move below level 1,170 to maintain the upside potential.
• MLPL: The price closed down with a bearish candle and is in the range of support. If the price able to hold above support, there is a chance to strengthen. Confirmation for the next buy signal, the next candle has to be bullish again, if it is bearish the price can first go down to support I at 210 & Support II at 190.

News

• PT Steel Pipe Industry Indonesia Tbk (ISSP) achieved positive performance in the first quarter of 2021. ISSP's net income reached IDR 1.06 trillion in the first three months of 2021, up 1.6% compared to the same period last year.
• PT Indofarma Tbk (INAF) posted a satisfactory performance in the first quarter of 2021, which posted a net profit attributable to the owners of the parent company of up to Rp 1.82 billion. In fact, in the same quarter last year, INAF suffered losses of up to Rp 21.43 billion.

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