Artha Sekuritas Stock Recommendations Now Have the Opportunity to Increase. Artha Sekuritas stock recommendation when the JCI strengthened.
In fact, this has happened since the Eid holiday last month.
The Composite Stock Price Index (JCI) has indeed strengthened quite a bit in trading a few weeks ago.
This is also explained by the stock analyst if the JCI closed slightly higher since the Eid holiday.
The existence of this condition is due to encouragement from the US and European stock markets.
Although there are concerns about growth that may be below expectations.
Technically it can be read if the candlestick forms higher and higher lows.
Investors’ optimism returned after the Eid holiday.
However, movement was limited due to pressure from global stock markets.
Global stock markets weakened due to sell-on-may.
Even the estimation of Artha’s stock recommendation from the JCI moved to a support level of 7,026.25 after closing up 142.75 points or 2.07%. There are some recommendations.
Updated Artha Sekuritas Stock Recommendations
JCI recorded a weaker figure on trading May 30, 2022.
The figure was 77.36 points or 1.12% to the level of 6,840.77.
Meanwhile, for the next day, the same condition seemed to continue, driven by profit taking.
After strengthening several weeks earlier, the JCI is now experiencing a correction.
Ahead of the interest rate setting, Artha Sekuritas’ shares weakened.
The movement is still supported by the stochastic indicator forming a dead cross as an indication of the weakening stock.
Stock movements still tend to be limited because investors will pay close attention to BI (Bank Indonesia) interest rates.
There are several recommendations for Artha Sekuritas shares for trading on May 30, 2022.
PT Telkom Indonesia (Persero) Tbk (TLKM)
In the last trading on Monday, the weakness in stocks was still visible.
The recommendations show that the candlestick forms a higher high and a higher low after a rebound.
High volume support or support areas indicate a potential strengthening of some stocks.
The first recommendation is PT Telkom Indonesia (Persero) Tbk (TLKM).
The recommendation is in the form of a hold with an entry level of IDR 4,170 – IDR 4,230.
Meanwhile, the target price is IDR 4,390 – IDR 4,450, stop loss is IDR 4,140.
PT HM Sampoerna Tbk (HMSP)
For the recommendation of other Artha Sekuritas shares, namely PT HM Sampoerna Tbk (HMSP).
This stock experienced a slight correction.
It’s just that issuers are still moving in a strengthening trend.
Recommended hold stock with entry level of IDR 1,030 – IDR 1,055 and target price of IDR 1,075 – IDR 1,100 with a stop loss of IDR 1,020.
PT PP (Persero) Tbk (PTPP)
The candlestick can now be seen and formed a higher high and a higher low after rebounding in the support area and indicating a potential strengthening.
Speculative buy stock recommendations. Entry level is IDR 900 – IDR 920, target price is 950 – IDR 975 and stop loss is IDR 885.
There are still some recommendations for Artha Sekuritas shares from the last trade on May 30, 2022.
In addition, investors should pay attention to the following stocks: ERAA, BBCA, TOWR, ISSP, ASSA, and PWON.
Source : HarapanRakyat.com