Market Review (Session 1)
In session 1, JCI closed negative 0.77% to the level of
6,605.44
Market Prediction (Session 2)
JCI : The index closed down and breakdown from our
support flow. JCI is expected to continue its decline
to test support level at 6,585. The movement has a
chance to perfect ABC correction pattern. The decline
could be towards the gap area I (6,536 - 6,552) & II
(6,486 - 6,536). The correction is fairly reasonable
because of technical factors that need to be
corrected first to be able to continue the uptrend.
- AGRO : Price closed in correction and still at
support II. The price may continue to fall to the
next support 2.030. Confirmation is wait for the
price to be bullish again. Be careful if the price
goes down below support.
- SCMA : Price closed in correction and still at
support II. The price may continue to fall to the
next support at the range of 2,090 – 2,100. Wait
for price to be bullish again. Be careful if the
price goes down below support.
- SIDO : Price closed in correction and still in our
buying range. The price is still likely to
strengthen during breakdown from support.
Confirmation for further strengthening signal ifit
is bullish again or break up to 895 again. Be
careful if the price goes down below support.
- WOOD : Price closed stagnant with a doji candle.
If the price moves back above 805, there is a
chance the uptrend will continue. Be careful if it
fails to break up and the candle becomes
bearish, the price may go down to test support.
News
- PT Adira Dinamika Multi Finance Tbk (ADMF)
posted a profit for the period as of September
30, 2021, amounting to IDR 753.27 billion. This
figure decreased by 7.48 percent compared to
the profit for the current period in the same
period the previous year of IDR 814.20 billion.
- PT Puradelta Lestari Tbk (DMAS) posted a net
profit of IDR 635 billion, or grew by 109.8%
compared to net profit in the first nine months
of 2020 of IDR 302 billion.
PT Kiwoom Sekuritas Indonesia (KSI)
Treasury Tower 27th Floor Unit A, District 8 Kawasan SCBD Lot 28
Jl.Jend.Sudirman Kav 52-53, Jakarta Selatan 12190
Telp : +62 21 5010 5800
Fax. +62 21 5010 5820
Website : www.kiwoom.co.id
