KONTAN.CO.ID – JAKARTA. The IDX Composite Index (
IHSG) closed up 0.11% to level 7,265,229 in Tuesday's (23/1) trading. Here are the technical recommendations for several stocks to watch for Wednesday's (24/1) trading. 1. PT Bank Jago Tbk (
ARTO) ARTO's movement closed with a correction accompanied by the emergence of sales volume. From the indicator side, MACD is still in its positive area but the Stochastic movement shows a sign of a
deadcross in the
overbought area.
Divestment of Fiber Business Could Be a Positive Catalyst for Link Net (LINK) Recommendation:
Take profit Support : Rp 3,480
Resistance : Rp 3,700 Herditya Wicaksana, MNC Securities
2. PT Tower Bersama Infrastructure Tbk (
TBIG) An
inverted hammer candle appears with a weakening RSI indicator. Stochastic and trading volume also decreased, although MACD moved up and MA20 potentially
deadcross. Recommendation:
Sell on strength Support : Rp 1,905
Resistance : Rp 2,010 Achmad Yaki, BCA Securities
3. PT Indofood CBP Sukses Makmur Tbk (
ICBP) The MACD indicator is still rising, Stochastic at level 75 has just decreased. Meanwhile, the
candle is between the upper line and the middle line of the
bolinger band. Recommendation:
Buy on weakness Support : Rp 11,000
Resistance : Rp 12,000 Kiswoyo Adi Joe, Reswara Gian Investa
Editor: Hasbi Maulana
