- Positive global markets, stronger Rupiah and lower subsidized fuel prices would send in the positive sentiment.
- The IDX resumed the upside movement with a close above the psychological level of 4,800 yesterday. Further, presence of foreign buying interest would expectedly maintain the upside trend.
- So, we predict that the IDX would be in the upside tendency today.
HMSP moved negatively but with a close near several supports that could expectedly create a rebound opportunity.
Buy on weakness
LPKR still moved on the weak side yesterday but with the presences of support levels possibly limiting a further down potential.
Sell on strength
SSIA was up in a thin range on Wednesday and the RSI trend near an overbought area so that could curb this current upswing.
TLKM moved in the positive side in its uptrend channel followed by a high volume suggesting another favorable potential.
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