- Mixed global markets would not send in any support.
- The IDX still moved relatively down followed by appearing foreign selling interest yesterday. A position near the psychological level of 5,300 would expectedly slow down the downturn or vice versa.
- So, we predict that the IDX would be in the negative side today.
Buy on weakness
ACES again took a weak turn with a long black candle. A weak potential would remain possible if its support and the recent low are broken down further.
Sell on strength
LSIP managed to move higher but with the presences of several resistances that could limit the upside movement.
SSIA ended the trading po s i tively with a long white candle and a strong volume suggesting another favorable opportunity.
WIKA closed the trading up with the break on its diagonal resistance with a high volume creating a further upside potential.
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