KIWOOM EQUITY LUNCH RESEARCH NOVEMBER 22, 2021
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22 Nov 2021

Market Review (Session 1)

In session 1, JCI closed negative 0.42% to the level of 6,692.27 


Market Prediction (Session 2)

JCI : the index closed lower after strengthened to touch our resistance flow. According to our initial estimate, there is a chance to strengthen but there will be profit taking so that selling pressure increases. If JCI does not return above level 6,714, it could continue to decline towards our support flow.

  • AMRT : The price is in correction and still in our buying range. The price still has a chance to strengthen as long as it stays above support. Confirmation for further strengthening if the price breaks up again at 1,270. Be careful if the price closed below support level.
  • EMTK : The price is in correction and still in our buying range. The price still has a chance to strengthen as long as it stays above support. Confirmation for further strengthening if the price breaks up again at 2,040. Be careful if the price closed below support level.
  • EXCL : The price is in correction and still in our buying range. The price still has a chance to strengthen as long as it stays above support. Confirmation for further strengthening if the price breaks up to 3,000 again. Be careful if the price closed below support level.
  • TINS The price is in correction and still in our buying range. The price still has a chance to strengthen as long as it stays above support. Confirmation for further strengthening if the price breaks up to 1,630. Be careful if the price closed below support level.


News

  • PT Waskita Karya (WSKT) until the 3Q 2021 period recorded a net profit attributable to the owner of the parent entity until September 2021 of IDR 252.71 billion or improved compared to the same period last year with a loss of IDR 2.63 trillion.
  • PT Ancora Indonesia Resources Tbk (OKAS) during the first nine months of 2021, bore a net loss of USD 3.876 million, a swelling of 50.23 per cent compared to the same period in 2020 of USD 2.58 million. 





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