- A flat Dow Jones with the rebounds on several regional markets would affect the sentiment.
- The IDX still carried on the weak trend followed by a quite high selling sentiment yesterday. But so, an oversold trend and an open gap would expectedly slow down this downswing.
- So, we predict that the IDX would be in the upside tendency today.
Sell on strength
DSFI was in the positive side but with a position near several resistances in which possibly could limit the upside potential.
GGRM moved in the positive side with a close near its short term diagonal support and a formation of a hammer so that signaling a reversal potential.
INDF still edged lower bu t only followed by a doji pattern and a position near its long term support that could create a rebound opportunity.
LPKR managed a positive t u rn after taking pressure lately followed by a hammer pattern suggesting a favorable potential.
* This report is for informational purposes only. This report is exclusively published for the use of Kiwoom Securities clients, and may not be reproduced or distributed. While the information was collected from secure sources, Kiwoom Security does not guarantee the accuracy or reliability of the information. Kiwoom Securities bears no liability for any losses that may occur from investments based on the information provided in this report.