- US stocks move lower after the delayed approval of the Tax Reform Bill due to procedural problems. However, follow-up voting is scheduled as soon as possible tonight.
- Nikkei 225, Kospi and All Ordinaries opened lower this morning.
- Significant gains in recent days have made the IHSG stochastic overbought. Be aware of correction though momentum is still positive. Support 6,105 and
ADRO ended trading positively with bullish engulfing pattern and followed by higher volume indicating another upside potential.
Buy on Weakness
INTP moved down with a full black candle formation and was closed near its horizontal support that could limit the downswing.
PTBA moved in the positive side with a long white candle with a high volume indicating another positive movement.
Sell on Strength
SMBR closed the session higher near its horizontal resistance area with a thin volume and overbought RSI trend that could limit the upswing.
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