S2 | S1 | IDX | R1 | R2 |
5,664.5 | 5,780.9 | 5,859.1 | 5,946.5 | 6,068.3 |
- European market traded sharply lower with DAX down 2.5%, FTSE down 2.2%, and CAC down 1.9% on fear of global trade war.
- Dow Jones down 1.3% at 24,252.8 as China and Europe plan working group to revamp WTO and counter US protectionism.
- Regional market traded lower with Nikkei down 1%, Kospi down 0.8%, and AORD down 0.7%.
- IDX on a technical rebound on speculative buy ahead of potential window dressing action at the end of the month although foreign investors keep selling Indonesian equities.
- In all we expect IDX to trade lower as investor tend to wait and see result of 27 June regional election.
AKRA |
Trading Buy |
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S2 | S1 | Level | R1 | R2 |
3,700 | 4,000 | 4,280 | 4,510 | 4,800 |
AKRA closed the trading higher with a strong volume after on a weak trend in the last 8 days creating a technical rebound.
ERAA |
Sell on Strength |
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S2 | S1 | Level | R1 | R2 |
2,350 | 2,600 | 2,850 | 3,070 | 3,150 |
ERAA was in the negative side with a dark cloud cover formation indicating another downside potential.
GGRM |
Trading Buy |
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S2 | S1 | Level | R1 | R |
65,000 | 68,125 | 71,750 | 74,500 | 77,500 |
GGRM ended the session higher with a long white candle and a strong volume suggesting a favorable upside potential.
TINS |
Buy on Weakness |
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S2 | S1 | Level | R1 | R2 |
775 | 835 | 860 | 930 | 985 |
TINS ended the trading negatively near diagonal support with a thin volume suggesting a limited downside potential.