KIWOOM EQUITY LUNCH RESEARCH OCTOBER 12, 2021
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12 Oct 2021

Market Review (Session 1)

In session 1, JCI closed positive 0.54% to the level of 6,494.59


Market Prediction (Session 2)

JCI : The index closed higher and retested the resistance level at 6,504. JCI has the potential to continue strengthening if it manages to break up to 6,504 again. Be careful if the next trading JCI tends to weaken.

  • BNBA : The price closed down and is still in the buying range. The price still has a chance to strengthen as long as it stay above support. Next buy confirmation, wait for bullish return and break up to level 1,470. Be careful if the price goes down below support level.
  • DOID : The price closed higher with a bearish candle. The price still has a chance to strengthen as long as it stay above support. Next buy confirmation, wait for bullish return and break up to level 358. Be careful if the price goes down below support level.
  • SSMS : The price closed higher and still in a positive trend. The price has a chance to continue the strengthening trend if it is able to stay above level 1,045. Be careful if the price is unable to hold above 1,045 and the next move will break down towards the support.
  • TINS : The price closed down and is still above support II. The price still has a chance to strengthen as long as it doesn't break down below support II. Next buy confirmation, wait for bullish return and break up to level 1,705. Be careful if the price goes down below support level.


News

  • PT Totalindo Eka Persada Tbk (TOPS) has pocketed six new projects with a value of IDR 178 billion until September 2021.





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