- Global markets on upside tendencies would send in the support.
- The IDX ended the trading rather positively but in the middle of resuming foreign selling interest last week. In addition, a formation of a bullish engulfing would still give a positive sign.
- Therefore, we predict that the IDX would be in the positive side today.
LPKR moved in the negative territory but with a close near its long term support suggesting a limited downside potential.
Sell on strength
PTBA edged higher last week but not followed by a high volume and the RSI trend in the overbought area so that could dampen a further upside turn.
PTPP moved up with a bullish engulfing formation indicating another favorable opportunity.
Buy on weakness
TINS closed the trading n egatively but near its diagonal support and a thin volume so that any further downturn maybe in a limited range.
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