- Mixed global markets before the releases of GDP data and more economic package would affect the trading direction.
- The IDX still continued the strong turn with a close above the psychological level of 4,600 also supported by foreign buying interest yesterday in which expectedly could maintain the market’s position.
- Therefore, we predict that the IDX would be in the positive side today.
Sell on strength
BBCA still carried on the upside trend but unable to close above its recent high so that could create a correction potential.
GGRM moved up considerably followed by a strong volume and also a break on several resistances suggesting another positive opportunity.
INDF ended the session pos i tively with a formation of a bullish engulfing yesterday indicating a further upside potential.
SILO edged higher after und e r pressure during the last 7 days creating a further rebound potential.
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