- Still down regional markets would once again send in the pressure.
- The IDX was in the negative side followed by increasing foreign selling actions last week in which could push for another downside turn to test its next support.
- Therefore, we predict that the IDX would be in the downside tendency today.
AALI ended the trading weaker near its diagonal support with a low volume and RSI near the oversold area that could slow down the downside turn.
Sell on strength
JPFA was in the positive side with a bullish engulfing formation but with a close near its previous high in which could dampen a further up movement.
PGAS closed the trading n e g atively near its diagonal support with a thin volume so that any further downturn maybe in a limited range.
Buy on weakness
PTPP had moved down during 5 days in a row but with the presences of several supports in which expectedly could limit the weak turn.
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