- Strong US inflation data raising concerns of rising US interest rates as US Government treasury bond yield lifts.
- However Dow Jones managed to closed 1% higher at 24,893.5 while EIDO increased by 0.8% at 29.65, expected to support IDX’s positive momentum this morning.
- Some regional market such as South Korea and HongKong closed today to celebrate Chinese New Year.
- We expect IDX to trade mixed today as investors tend to realize profits ahead of long Chinese New Year holiday weekend.
BRPT took an upside turn with a bullish engulfing pattern supported by a high volume indicating another favorable potential.
KRAS closed the session higher with long white candle pattern after break above resistance line with higher volume indicating another upside potential.
MIKA closed the session higher with long white candle pattern after break above resistance line with high enough volume indicating another upside potential.
PGAS ended the trading positively with a long white candle pattern suggesting another favorable potential.