JASA MARGA
Panjang

IDX:JSMR 30th MARCH 2022

141
PT. Jasa Marga (Persero) Tbk (JSMR) is an Indonesian State-Owned Enterprises engaged in the toll road service providers and other related business.

The analysis is based on sentiment ahead of Eid al-Fitr (Lebaran) which will coincide in May, where usually on Eid al-Fitr, people will return to their hometowns, specifically for land transportation.
The survey on Ministry of Transportation : was carried out on March after the travel requirements with antigen/PCR tests were abolished. Private car users up to 26% or 21 million, then motorcycles 18% or 14 million, dominate the majority of the types of modes people choose to travel back and forth. Then followed by buses with 16% or 12 million, and planes with 12% or 9 million.

Technically, JSMR is targeted to reach the weekly resistance area of 3990 - 4150. The target is limited to (April - May) as we know that transportation flows will return to normal after the Eid al-Fitr months. We can see that there is a descending triangle pattern on the weekly timeframe, which is difficult to break the resistance area.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.