KSI Technical Recommendation - Dec 09, 2022
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09 Dec 2022

JCI Range Today : 6,716 – 6,747 (Support), 6,862 – 6,892 (Resistance)

JCI closed slightly down and a technical rebound occurred after briefly touching support. The stochastic indicator has a golden cross opportunity, MACD histogram is negative (the line is weakening) and volume is decreasing. If it returns to bearish, JCI is expected to continue weakening to the support at the range of 6,716 – 6,747. If JCI is able to move bullish, there is a chance for JCI to strengthen again to the resistance at the range of 6,862 – 6,892.

BBRI

(BBRI) The price closed higher with a bullish candle. The price has the opportunity to strengthen again to the nearest resistance. The stochastic indicator has a golden cross opportunity, MACD histogram is moving positive but falling (sloping line) and volume is neutral. Confirmation to buy if the next candle is bullish again or buy on support if it goes down first. We suggest being careful if it fails to stay above the support level (Trading Buy)

TRADING STRATEGY:

1.    Target Price: The price has a bullish opportunity to test the resistance level 4,930. If it breaks level 4,930 then the price will go to level 4,980. We recommend to be careful if the price fails to break through or turn around the support area.

2.     Stop Loss: To minimize the risk of loss, we recommend placing a stop loss at level 4,730.

        Entry Buy : 4,800 – 4,840

        Target Price : 4,930 – 4,980

        Support : 4,740 – 4,800 Cutloss : 4,730 


BIPI

(BIPI) The price closed higher with a bullish candle. The price has the opportunity to test the nearest resistance. Stochastic golden cross indicator, MACD histogram is moving positive (bullish line) and volume is increasing slightly. Confirmation to buy if the next candle is bullish again or buy on support if it goes down first. We suggest being careful if it fails to stay above the support level (Trading Buy)

TRADING STRATEGY:

1.    Target Price: The price has a bullish opportunity to test the resistance level 190. If it breaks level 190 then the price will go to level 194. We recommend to be careful if the price fails to break through or turn around the support area.

2.     Stop Loss: To minimize the risk of loss, we recommend placing a stop loss at level 178.

        Entry Buy : 181 – 185

        Target Price : 190 – 194

        Support : 179 – 181

        Cutloss : 178 


BSDE

(BSDE) The price closed higher after touching support. The price has the opportunity to strengthen to the nearest resistance. Stochastic golden cross indicator, MACD histogram is negative (bearish line) and volume is decreasing. Confirmation to buy if the next candle is bullish again or buy on support if it goes down first. We suggest being careful if it fails to stay above the support level (Trading Buy)

TRADING STRATEGY:

1.    Target Price: The price has a bullish opportunity to test the resistance level 930. If it breaks level 930 then the price will go to level 940. We recommend to be careful if the price fails to break through or turn around the support area.

2.     Stop Loss: To minimize the risk of loss, we recommend placing a stop loss at level 885.

        Entry Buy : 900 – 910

        Target Price : 930 – 940

        Support : 890 – 900

        Cutloss : 885 


MAPI

(MAPI) The price closed higher with a bullish candle. The price has the opportunity to strengthen again to the nearest resistance. Stochastic indicator is bullish, MACD histogram is moving positive (bullish line) and volume is neutral. Confirmation to buy if the next candle is bullish again or buy on support if it goes down first. We suggest being careful if it fails to stay above the support level (Trading Buy)

TRADING STRATEGY:

1.    Target Price: The price has a bullish opportunity to test the resistance level 1,490. If it breaks level 1,490 then the price will go to level 1,510. We recommend to be careful if the price fails to break through or turn around the support area.

2.     Stop Loss: To minimize the risk of loss, we recommend placing a stop loss at level 1,405.

        Entry Buy : 1,435 – 1,460

        Target Price : 1,490 – 1,510

        Support : 1,410 – 1,435

        Cutloss : 1,405