Jakarta, CNBC Indonesia – The Composite Stock Price Index at the beginning of this week, Monday (30/8/2021) was expected to experience a correction, but this weakening has begun to be limited.
Last weekend, Friday (27/8/2021) closed at 6,041.36, depreciating 0.28% throughout the day.
Several brokers have provided stock recommendations that are worthy of consideration before starting today’s trading.
1. Artha Sekuritas – Investors Wait for Tapering Policy
JCI is predicted to weaken. Technically, the candlestick forms a lower high and a lower low with the potential for a decline to the 50 moving average support level which is quite strong. Investors will continue to monitor developments related to the tapering policy in the United States as well as cases of COVID-19 both from the United States and domestically.
Preferred stock:
2. Samuel Sekuritas Indonesia – JCI Continues Consolidation
JCI closed the gap of 6,040 and continued to consolidate after the downtrend line breakout. If it rebounds, the minor resistance target could be 6120.
Preferred stock:
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