Market Review (Session 1)

In session 1, JCI closed negative 1.02% to the level of 6,076.64

Market Prediction (Session 2)

JCI : The index closed down and breakdown to our support flow today. JCI is at support trendline and is expected to move in the range of 6,057 – 6,105 with a chance to strengthen.

• AKRA : Price is in correction and still in our buying range. The price still has a chance as long as it closed above support. Wait for the buy signal confirmation if the price is bullish again or breaks up at 3,770. Be careful if the price closed below support level.
• ASII : Price is still moving up and still in a positive trend. The price still has a chance to continue strengthening to our initial target. Ideally the price should test level 5,075 to continue strengthening. Be careful if the price closed below support level.
• HOKI : The price is corrected and is back in the support area. The price is still tend to move to consolidation. The next bearish tolerance is at the support levels of 200 – 202. Wait for the buy signal confirmation if the price is bullish again. Be careful if it is closed below support at 200, the price could continue the downward trend in the medium term.
• JPFA : The price is still moving higher and still in a positive trend. The price still has a chance to continue strengthening to our initial target. Ideally the price should test level 1,680 to continue strengthening. Be careful if the price closed below support level.

News

• PT Bintraco Dharma (CARS) during the first six months of 2021 experienced a loss for the current period attributable to owners of the parent entity, which was recorded at IDR 105.30 billion, an increase from the previous period with a collection loss of IDR 90.66 billion.
• PT Arkha Jayanti Persada Tbk (ARKA) during the first six months of 2021 managed to achieve a net profit for the current year of IDR 408.11 million compared to a net loss of IDR 16.05 billion the previous year.

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