Strengthening the composite stock price index (JCI) Indonesia Stock Exchange (IDX) tend to be limited today. In trading yesterday, the index climbed 10.40 points (0.42%) to 2484.23.
"Index is likely to continue to strengthen, although limited for the rally in the last few days. Index movers will come from the shares of Bakrie group, "Citi analysts said Hendri Effendi pacific securities to the Investor Daily in Jakarta, Wednesday (18/11).
He said, in a technical, the index remained above the moving average (MA), thus strengthening opportunities remain open. The stochastic oscillator indicator also shows the index in the saturated area buy (overbought).
If the level is pierced, then going to the 2530 index. The index support level at 2450.
Optima Securities analyst Ikhsan Binarto said the index is still continuing bullish phase, which is supported by bluechips stock. "Index likely to continue strengthening the upper band to the 2500 level by 2460 support," he said.
"Index is likely to continue to strengthen, although limited for the rally in the last few days. Index movers will come from the shares of Bakrie group, "Citi analysts said Hendri Effendi pacific securities to the Investor Daily in Jakarta, Wednesday (18/11).
He said, in a technical, the index remained above the moving average (MA), thus strengthening opportunities remain open. The stochastic oscillator indicator also shows the index in the saturated area buy (overbought).
If the level is pierced, then going to the 2530 index. The index support level at 2450.
Optima Securities analyst Ikhsan Binarto said the index is still continuing bullish phase, which is supported by bluechips stock. "Index likely to continue strengthening the upper band to the 2500 level by 2460 support," he said.
RESUME:
BREAK HIGH (8): BTEL JSMR MLBI MYOR RAJA TLKM TURI UNVR
DOJI (13): AALI BMTR BUMI BWPT ELSA ENRG FREN INDF INKP LPKR MNCN SMRA TLKM
CLOSE HIGH (2): MLBI SMRA
CLOSE LOW (14): BDMN BISI BYAN CTRA DOID ELTY HEXA INAI INDY INKP ISAT PTBA TLKM UNTR
WHITE MARUBOZU (1): MLBI
BLACK MARUBOZU (7) : BISI BYAN CTRA DOID HEXA INDY PTBA
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