KIWOOM EQUITY LUNCH RESEARCH NOVEMBER 16, 2021
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16 Nov 2021

Market Review (Session 1)

In session 1, JCI closed positive 0.42% to the level of 6,644.02 


Market Prediction (Session 2)

JCI : the index closed higher with a bullish candle. JCI is expected to have the opportunity to strengthen again to our resistance flow.

  • ASII : The price managed to touch the first target at 6,250 (+2.04%). The price still has a chance to strengthen again as long as it maintain above support. Confirmation for further strengthening if the price is bullish again and breaks up to 6,250. Be careful if the price closed below support level.
  • DMMX : The price closed higher with a bullish candle. The price still has a chance to strengthen to the initial target. Be careful if the price closed below support level.
  • PNBS : The price closed down and was in our buying range. The price still has a chance to strengthen again as long as it maintain above support. Confirmation for further strengthening if the price is bullish again. Be careful if the price closed below support level.
  • SSMS : The price closed higher with a bullish candle. The price still has a chance to strengthen again as long as it maintain above support. Confirmation for further strengthening if the price is bullish again and breaks up to 1,200. Be careful if the price closed below support level. 


News

  • PT Indo Acidatama (SRSN) during the third quarter of 2021 posted sales of IDR 692.5 billion. A surplus of 10.93 percent from the same period last year of IDR 624.2 billion.
  • Yanaprima Hastapersada (YPAS) for the January-September 2021 period recorded sales of IDR 248.9 billion. Soared 15.2 percent from the same period last year IDR216.1 billion.





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