- Dow Jones and regional markets still on downside tendencies would send in the unfavorable pressure.
- The IDX again was under pressure in the middle of a rather high foreign sentiment yesterday that could lead to another weak potential.
- So, we predict that the IDX would be in the negative side today.
ASRI took a weak turn with a l ow volume, a close near diagonal support and an oversold RSI trend suggesting a limited downside potential.
ICBP was on the weak side followed by a high volume but with a close near its diagonal support as well as an oversold RSI that could possibly limit the downswing.
Buy on weakness
SMRA still carried on the downturn with a high enough volume. But so, a presence of a horizontal support and an oversold RSI indicator would limit the negative movement.
WSKT moved in the negative area with a long black candle and a close at its horizontal support that could potentially create a technical rebound opportunity.
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