Dear readers, in this post, let us turn our focus on Indonesia Stock Exchange (IDX) stocks. Constituents of the Jakarta Composite Index (JCI) LQ45 to be specific. Which are the IDX JCI constituent stocks that are oversold now?
The two oversold stocks are:
Indocement Tunggal Prakarsa (IDX:INTP)
Semen Indonesia (IDX: SMGR)
Are the aforementioned stocks attractive Buys now? I would think the current stocks markets for many countries are in a general downtrend. Investors should wait for clarity before investing their hard-earned dollars.
As per my usual comment, oversold stocks do not mean that these are the stocks to invest in right now. But these are noteworthy entry points for long-term investors looking at stocks of interest.
That’s it for my insights today. I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! Connect with me here to follow the daily exciting and useful posts on these two blogs, Thank You for your support!
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