- Relatively down Dow Jones and mixed regional indices would affect the sentiment.
- The IDX was in the negative side yesterday with a doji formation and resuming foreign selling actions.
- So, we predict that the IDX would be in the downside tendency today
Buy on weakness
ADHI moved lower with a long black candle formation so that suggesting a further down potential especially if its horizontal support is broken down.
BBRI ended the session in the weak side with a high volume but with a close near its diagonal support and RSI in the oversold territory so that any further downturn would probably be in a limited range.
BBTN still carried on the downturn with the break on its horizontal support indicating a further weak movement.
INDF closed the trading ne g a tively near its diagonal support with a low volume and an oversold RSI indicator suggesting a limited downside potential.
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