- A positive Dow Jones and the regional indices would expectedly send in the support.
- The IDX ended the trading relatively up but in the middle of no foreign buying interest yesterday that could potentially slow down the upside turn.
- Therefore, we predict that he IDX would be in the upside tendency today.
INDF ended the trading with a doji pattern after on a downturn during the last 7 days and the RSI indicator staying in the oversold area in which suggesting a rebound potential.
Sell on strength
INTP edged higher during yesterday’s session but with a presence of its horizontal resistance that could limit the upside movement.
MDLN moved relatively up a fter taking pressure lately followed by a doji pattern and an oversold RSI indicator so that could create an upside opportunity.
PWON was in the positive side followed by a formation of a bullish engulfing on Wednesday indicating another favorable tendency.
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