Market Update (April 27, 2017)


(OpisBoi‘s Technocopter) JCI (Indonesia Composite Index) soared by 0.80% and set another new record at 5,726.53 bps posted a total of 87,695,198.00 shares across the board. Ticked higher following gains from Finance (+1.73%), Manufacture (+1.61%), and Consumer that also inched up by 0.68%. Wrote around 2.44% volatility’s – in the last 5 trading days whilst Foreign Investors booked another Net Purchased by IDR1.89tr, and the index mold a Bullish Separating Lines Formation alluded a Bullish Continuation‘s Signal even when its showing a TradingSell recommendation on the OpisBoi‘s short-term trendicators.

JCI expected to trade mostly on a positive area, and walk around 5,675 – 5,863 bps levels for the next trading days. You might also want to watch out for the bullish reversal signal. The critical support is at 5,675bps you may need to draw your stop loss level at 5,640bps and mark your cut loss level at 5,640bps as well.

Some of these stocks likely still have a positive momentum for (TradingBuy); BBNI BMRI GGRM INDF INTP SMGR LPPF LSIP;  but you might want to hit and run on some of these stocks (TradingSell); PGAS PTPP SMBR; Foreign Investors eyed on some of these stocks; CTRA BSDE EXCL (OnScreen); BUMI BWPT BRMS SMRA PWON;

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