- Quite positive Dow Jones and global markets would expectedly improve the sentiment.
- The IDX took a correction yesterday with a hammer formation during an upturn in which potentially could push for another weak movement.
- So, we predict that the IDX would be in the positive side today.
Sell on strength
AALI moved negatively with a hammer pattern after failing to break its recent high suggesting another downside movement.
CTRA closed the session on the weak side near its diagonal support with a low volume so that any further downturn maybe in a limited range.
Buy on weakness
ELSA still carried on the downturn but with the presence of its horizontal support that could slow down the downturn.
WTON ended the session in th e negative territory near its diagonal support with a thin volume indicating a limited downside movement.
* This report is for informational purposes only. This report is exclusively published for the use of Kiwoom Securities clients, and may not be reproduced or distributed. While the information was collected from secure sources, Kiwoom Security does not guarantee the accuracy or reliability of the information. Kiwoom Securities bears no liability for any losses that may occur from investments based on the information provided in this report.