- Mixed global markets would not help improving the sentiment.
- The IDX was under pressure once again with the break on the psychological level of 5,200 and rising foreign selling actions yesterday. But so, a position near the oversold area and an open gap would potentially dampen the downswing.
- Therefore, we predict that the IDX would be in the negative side today.
Buy on weakness
AALI was on the weak side near its diagonal support and a low volume so that a further downturn maybe in a limited range.
Sell on strength
ASRI managed a rebound after taking pressure lately. But so, a lack of volume would limit the upside opportunity.
BBTN ended the session n e g atively with the break on diagonal support and a high volume suggesting another weak potential.
WIKA still carried on the weak turn with a long black candle pattern but the presences of several supports and an oversold RSI trend would limit the downswing.
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