Market globally is crashed because of the new tariff that US applied. IHSG might as well crashed after this break, approaching 58xx. But i believe after this correction IHSG Will back in action and reach 67xx.
With news speculating around a possible merger between GOTO and GRAB, there might be some good news for the stocks as well. We’ve got an Inverted Head and Shoulders pattern forming here, and we might expect a bounce back as we re-enter the testing zone. But we need to be cautious at the support level if it breaks down, the reversal fails.
#FREEBANDZ #NOTAFINANCIALADVICE
After a long weekend, there might be good news about the IHSG. While it has grown 18% over the past month, the oil sector in Indonesia still isn’t getting the love it deserves. With strong foreign accumulation, I believe IDX:MEDC might break through 1200. #FREEBANDZ
