| S2 | S1 | IDX | R1 | R2 |
| 6,353.7 | 6,429.7 | 6,500.1 | 6,635.3 | 6,689.3 |
- European and American market traded mixed and managed to closed positive yesterday with Dow Jones up only by 9.4 points at 24,884 as debate continues over tariffs proposed by the US President.
- Regional market opened negative this morning.
- IDX closed lower at its “neckline” of double top pattern. A break below 6,478 may trigger further correction as foreign investors keep selling Indonesian equities.
- We expect IDX trade mixed with negative tendency today.
| BBTN |
Sell on Strength |
|||
| S2 | S1 | Level | R1 | R2 |
| 3,460 | 3,600 | 3,720 | 3,840 | 4,000 |
BBTN was in the negative side with a bearish engulfing pattern suggesting a further downside movement.
| BSDE |
Hold |
|||
| S2 | S1 | Level | R1 | R2 |
| 1,720 | 1,760 | 1,785 | 1,845 | 1,875 |
BSDE closed below its recent low. A further downside would remain possible if UNTR break its diagonal support may trigger price correction.
| INCO |
Speculative Buy |
|||
| S2 | S1 | Level | R1 | R2 |
| 2,760 | 2,920 | 3,070 | 3,250 | 3,430 |
INCO ended the trading negatively near diagonal support area with a thin volume and near oversold RSI trend that could dampen a further downside movement.
| UNVR |
Sell on Strength |
|||
| S2 | S1 | Level | R1 | R2 |
| 50,000 | 51,325 | 52,525 | 53,800 | 55,000 |
UNVR moved down with a long black candle formation and a high volume indicating another downside potential.
KiwoomID 