JKSE in simple analysis

I see that JKSE is now having a chance of breaking another new high record, as the regional are so supporting the Asian markets to rally, yet the indicator of ADX seems to have another crossing from DI+ to the ADX which is the indication of another rally.

We see that at the past time when the DI+ crossing the ADX, then the IHSG will rally, while the current position is, DI+ is almost crossing the ADX, and yet we're almost having our index at new high which was at 3667.01, which means only about 12 pts to go. All indicators are pointing up & yet the time to take some position which is still low & hasn't broken another new high, so we can have this chance to win the market.

I see that the support level at 3531-3540 is quite strong as it has been a bouncing point for two times, and we can see that the index is almost broken its new high again, and I'm really optimistic that it will go further to 3750-3800.

Rating: Buy; Target: 3750-3800, S/L: 3530-3500

We can watch some stocks later...
Have a nice weekend^^


Happy Investing^^
Disclaimer ON!!!