- Most of the global markets in the positive side would expectedly send in the support.
- The IDX edged higher to another new high yesterday. Nonetheless, an overbought trend would potentially create profit taking risks.
- Therefore, we predict that the IDX would be in the positive side today.
EXCL moved up with the break over its previous high that could lead to a further upside movement.
INDF was in the negative side but with a low volume and a position near its horizontal support suggesting a limited downside potential.
SMGR was closed weaker near its short term diagonal support in a low volume that could slow down the downswing.
UNVR ended the session ne g a tively near its short term diagonal support with a thin volume so that any further downturn maybe in a limited range.
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