- Dow Jones closed 0.2% higher at 20,689.2 level, sending some positive sentiments over Asian bourses this morning despite ballistic missile launch from North Korea this morning.
- IDX booked another record high yesterday backed by a strong net buy position from foreign investors. However it closed at strong diagonal resistance line, may cap its upside potentials.
- In all we expect IDX to trade positive today.
Sell on Strength
ADRO ended the trading positively above its diagonal resistance with a high enough volume but with a open gap up an overbought RSI trend that could limit the upswing.
AKRA closed the session higher with a long white candle formation after break above its diagonal support with high volume indicating another upside potential.
CPIN moved up with a broken diagonal resistance also supported by a high volume indicating another upside potential.
Buy on Weakness
KBLI moved down again fo l lowed by a long black candle and a high enough volume suggesting a further downturn.
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