- Mixed global bourses would affect the trading direction.
- The IDX ended the session fairly higher yesterday with a doji pattern suggesting a slower downside momentum in the middle of resuming foreign selling interest.
- Therefore, we predict that the IDX would be in the positive side today.
ASII still carried on the weak movement but with a doji pattern. In addition, a close near its diagonal support would create a technical rebound opportunity.
Sell on strength
MNCN edged higher but nea r its diagonal resistance of a downtrend and a lower volume that could limit this upswing.
SILO remained in the negative side with a decreasing volume and an oversold trend that could limit a further downturn.
WSKT managed a positive turn followed by a bullish engulfing formation suggesting another favorable opportunity.
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