- Most of the global markets on upside trend would send in the support.
- The IDX still carried on the upside turn with decreasing foreign selling actions yesterday. But so, a formation of a doji would indicate a slower upside momentum.
- Therefore, we predict that the IDX would be in the positive side today.
ITMG closed the trading down near its diagonal support and a thin volume so that any further downturn maybe in a limited range.
PTPP ended the trading n e g atively near its diagonal support and a low volume indicating a limited downside potential.
SCMA was in the positive area with a high enough volume after on the weak trend lately that could lead to another positive opportunity.
Buy on weakness
WIKA moved in the weak side with a bearish engulfing pattern. But so, a presence of its recent low would expectedly limit the downturn.
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