Market Review (Session 1)

In session 1, JCI closed with positive 0.02% at level of 6,066.41

Market Prediction (Session 2)

JCI : The index closed slightly higher with a bearish candle. JCI is still moving in the area of the previous candle or the inside bar candle formation in the range of 6,043 – 6,103.

• BBKP : Price is in correction and still in our buying range. The price is still likely to strengthen as long as it maintain above the support. For confirmation to the strengthening signal, if the price is bullish again or breakup to 486-488. If the price breaks down below support, it may continue to fall to the support at 424.
• CENT : The price touched the first target at 280 (+3.7%). The price is still in a positive trend and has the opportunity to continue the strengthening trend. Nearby, ideally the price should breakup to level 280 again to be able to continue the strengthening trend. If the price breaks down below the support, the tolerate for decline at the support level of 254. As long as it able to hold above level 254, the price is still in a strengthening trend.
• KIJA : The price has crossed the target of 210 (+5%) and the highest at 220 (+10%). The price has broken the resistance at 210. The closest benchmark support is at 206 – 210. The price still has the chance to continue strengthening to resistance at 224 & resistance II at 244. Be careful if the price is not able to hold abovelevel 210, it could move back into a consolidation trend.
• MAIN : Price closed in correction and still in our buying range. The price will test support first. If the price went down below support, it will go back down to levels of 885 – 890. After touching the support area and the price is able to hold on or a bullish candle formation occurs, it can be recommended to buy again.

News

• PT Voksel Electric (VOKS) in the first quarter of 2021 recorded a net loss of IDR 35,734 billion. Worse compared to the same period in 2020, it recorded a net profit of IDR 2.717 billion.
• PT Ricky Putra Globalindo (RICY) in the first quarter of 2021 recorded a net loss of IDR 16.976 billion. Shrinking 61.9 percent compared to the same period in 2020, there was a net loss of IDR 42.887 billion.

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