- Relatively down regional markets would affect the sentiment.
- The IDX edged higher above the psychological level of 4,600 yesterday. Nevertheless, profit taking potential would dampen this current upswing.
- Therefore, we predict that he IDX would be in the downside tendency today.
INCO ended the trading positively with a long black candle and also a high trading volume so that could lead to another upside movement.
KLBF was on the weak side but with a close near its horizontal support and a doji formation in which suggesting a technical rebound opportunity.
LPKR closed the session in the positive territory followed by a long white candle and a high enough volume indicating another favorable tendency.
Buy on weakness
PWON was down in a thin r a nge after failing to keep up the gaining turn. But so, a presence of a horizontal support would expectedly limit the downside potential.
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