- A weak Dow Jones and most of the global markets would not improve the sentiment.
- The IDX still carried on the weak turn with a formation of a long black candle yesterday. But so, a presence of a psychological level of 5,200 and decreasing foreign selling actions would expectedly slow down the weak slide.
- So, we predict that the IDX would move in the downside tendency today.
ANTM was on the weak side with a close near its diagonal support and a thin volume and an oversold RSI indicator so that any further downturn maybe in a limited range.
Buy on weakness
ADHI was on the weak side during the last 6 days but with the presence of its diagonal support in which expectedly could trim the downswing.
ADRO was in the negative territory with a long black candle pattern near its diagonal support. A break on this support would once again create a downside potential.
WSKT ended the trading n e g atively near its diagonal support with a low volume and also an oversold RSI trend suggesting a limited downside potential.
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