(OpisBoi‘s Technocopter) Amidst foreign sell off and reduce their exposures for about IDR210bn on some heavyweight stocks like; ASII BMRI TLKM HMSP GGRM UNVR and many others, JCI managed to climb for around 0.33% and closed at 5,824.25pts.
SMGR INTP surged 9.72% and 7.80% respectively, pushed the Basic Industry up by 2.11%, followed by Agribusinesses 0.92%, Properties and Infrastructures each flew by 0.71%. There were a total of 9,423,630,073 shares or equivalent to a Net Value of IDR7.03tn, traded across the board.
Takuri Line to seal the Bearish Engulfing Candle, with the %K line crosses above %D line, should recognized as a bullish reversal and should have give the opportunity for the JCI to hold on to its uptrend support at 5,812 – 5,815 and run for the 5,840‘s resistant levels.
Having said that, JCI expected to run around 5,812 – 5,844 pts areas with a stop loss level at 5,805pts and cut loss level at 5,790pts.
These stocks with a Short Buy Signal should be call for (TradingBuy); HMSP ICBP INDF LPPF SSMS SMGR INTP SMCB; You should also need to watch closely and foreign likely have interest on these stocks; ASII SMRA CPIN LPKR GJTL BJBR DOID AGRO MCOR MAPI SMSM; (OnScreen); BUMI HRTA BWPT BRMS DEWA PWON CTRA SMRA;