- IDX: Jakarta Composite Index was up slightly by 5,68 points or just 0,14%. There
is no strong sentiment on the market, investors choose to wait and see. Assuming
the rupiah remains stable, there is opportunity for JCI to register a minor technical
rebound. We have positive calls for retail and trade sectors. Today’s trading range
is between 4005 - 4054 - 4077 (support) and 4126 - 4151 - 4162 (resistance).
- MAPI: Doji style was confirmed by a gap signal. Meaning, downward trend has
already stopped. We expect a technical rebound, short-term TP is IDR7600.
TRADING BUY.
- PTPP: Strong upper reversal on this stock, followed by upper gap. TP is IDR680.
TRADING BUY.