Negative Market.
| S2 | S1 | IDX | R1 | R2 |
| 4,750 | 4,775 | 4,811.0 | 4,831 | 4,850 |
- Relatively up global markets would expectedly improve the sentiment.
- The IDX again resumed the weak movement on Tuesday with a thin foreign selling sentiment that could possibly limit the weak trend.
- So, we predict that the IDX would be in the downside tendency today.
Daily Research:
| BMRI |
Sell on strength |
|||
| S2 | S1 | Level | R1 | R2 |
| 9,300 | 9,625 | 10,000 | 10,350 | 10,700 |
BMRI still moved up slightly with a doji formation and a position at a resistance that could potentially dampen this upside turn.
| PTBA |
Sell on strength |
|||
| S2 | S1 | Level | R1 | R2 |
| 6,000 | 6,300 | 6,625 | 7,000 | 7,300 |
PTBA again edged higher b u t followed by an evening doji star, a presence of a resistance and an overbought trend that could slow down this current upswing.
| UNTR |
Speculative buy |
|||
| S2 | S1 | Level | R1 | R2 |
| 14,100 | 14,875 | 15,350 | 15,800 | 16,650 |
UNTR was in the positive side with a bullish engulfing pattern. In addition, a rather high volume would push for another upside opportunity.
| UNVR |
Speculative buy |
|||
| S2 | S1 | Level | R1 | R2 |
| 40,600 | 42,725 | 43,500 | 45,725 | 47,800 |
UNVR took a weak turn during 4 days in a row but with a close near support and a hammer pattern that could create a rebound potential.
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