- A positive Dow Jones and the global markets would expectedly send in the support.
- The IDX remained in the upside tendency in the middle of lower foreign buying interest yesterday. Upside opportunity would still be possible but with a presence of a resistance that could limit this upswing.
- So, we predict that the IDX would be in the positive side today.
ADRO managed an upside turn with a bullish engulfing pattern also supported by a high enough volume indicating another upside potential.
BBCA moved in the negative side with a long black candle but with a close near support in which potentially could create a technical rebound potential.
PTPP ended the session lower with a doji pattern near its diagonal support yesterday so that any further downside movement maybe in a limited range.
Sell on strength
SILO still moved higher with a high trading volume but with the RSI indicator near the overbought trend that could limit this current upswing.
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