JPFA.JK MID-TERM INVESTMENT OUTLOOK
JPFAJAPFA COMFEED VALUATION
- JPFA’s price/sales is 0.31.
- JPFA’s price/forward earnings is 7.18.
- JPFA’s price/book is 0.95.
JAPFA COMFEED TECHNICAL BREAKDOWN
- Have a strong potential to continue the bullish movement, currently running in a bearish corrective movement
- Rp1,050-1,175 is expected to be the end of Wave E movement
- 1st Buy price around rp1,175
- Average Down RP,1,025
- Cut loss Rp990
- Bearish channel corrective movement should be traded cautiously
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