Not a positive sentiment and also technically not looking good
Bearish bias remains dominant :
Potential retracement to 6310 - 6400 before further decline
Downside targets: 6000 - 5900 (key support level)
If 5900 is broken, a further drop to 5600 - 5500 is possible
I hope im wrong :(
lately there have been a lot of buyback news in conglomerate and bluechip stocks (bbca,Adaro group and Barito group). But in reality it still hasnt been able to counter foreign movements
So, its best to wait and see for now
Bearish bias remains dominant :
Potential retracement to 6310 - 6400 before further decline
Downside targets: 6000 - 5900 (key support level)
If 5900 is broken, a further drop to 5600 - 5500 is possible
I hope im wrong :(
lately there have been a lot of buyback news in conglomerate and bluechip stocks (bbca,Adaro group and Barito group). But in reality it still hasnt been able to counter foreign movements
So, its best to wait and see for now
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