- A positive Dow Jones and mixed global markets would affect the sentiment.
- The IDX continued in the positive side with a close near its previous high and resuming foreign buying actions yesterday.
- So, we predict that the IDX would be in the positive area today.
Sell on strength
GIAA edged higher during y e s terday’s session but with a lower volume and the RSI indicator already in the overbought trend suggesting a limited upside potential.
Buy on weakness
MNCN still moved lower and the RSI trend within the oversold territory in which creating a rebound opportunity.
TLKM moved in the negative side after failing to keep up the gaining turn. Further, a doji in the uptrend channel would indicate a correction potential.
WIKA was in the negative territory but followed by a hammer and a position near its support signaling a rebound potential.
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