Still Shadowed Pressure, But Can "Bullish"
8:19 PM
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JAKARTA, KOMPAS.com - selling pressure is predicted to overshadow trade in Indonesia Stock Exchange.
In Friday trading last week, as he had predicted the end selling pressure in connection with the action took profit hit Composite Stock Price Index, in which several bluechip stocks suffered profit taking (take profit) after a few days before strength.
"We expect the selling pressure will still be shadowing the movement of the index this week. Nevertheless we see a correction that happens is still quite reasonable and JCI is also still in the bullish trend (up) to some future time," research analyst call Purwoko Sartono Panin Securities.
As for today along with the Nyepi holiday tomorrow, the transaction is expected to slow, with a range of support-resistance 2640-2683.
He recommended a few stocks among other options BMRI, ISAT, ELTY, bipi, and UNSP.
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