- Mixed global indices would not improve the sentiment.
- The IDX ended the trading positively after testing the psychological level of 4,100 yesterday. But so, a still presence of foreign selling sentiment would potentially slow down the upside potential in the middle of window dressing potential at the end of 3Q15.
- So, we predict that he IDX would be in the positive side today.
Sell on strength
BBCA ended the session higher followed by a bullish engulfing pattern yesterday. Nonetheless, a presence of a diagonal resistance would dampen another positive movement.
JSMR moved positively f ollowed by a hammer formation signaling a further upside potential.
BBRI managed a positive turn supported by a high enough volume after on a downswing in the last several days so that could create another favorable tendency.
SMRA closed the trading u p y esterday with the break over the diagonal resistance of a downtrend suggesting a still favorable potential.
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