- Mixed global markets would not send in any support.
- The IDX again edged higher followed by increasing foreign buying actions yesterday. But so, a doji pattern would indicate a slower upside momentum.
- Therefore, we predict that the IDX would again be in the positive side today.
Sell on Strength
ADRO took a weak turn with a shooting star and an overbought RSI indicator indicating a further downside movement.
ICBP ended the trading ne g a tively near its diagonal support with a low volume so that any further downturn maybe in a limited range.
INCO managed to move higher with a full white candle and a strong volume after on a downswing recently in which could create another favorable opportunity.
Sell on strength
ITMG moved in the negative territory with a bearish engulfing formation after failing to break its recent high suggesting a further downside potential.
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