adbellum

Defensive Stock for Longer Strategy

Long
adbellum Updated   
IDX:BMRI   BANK MANDIRI (PERSERO) TBK
Ideal to accumulate on weakness. First TP at 6950-7175 if break 6825.
Comment:
The price point is still on the neutral side based on its stochastic and RSI, but there is a high risk of the price falling following the sell action by the foreign brokers in recent days. Expect to buy on weakness, with support at 6125-6175. If break 6675, first TP is at 6825, then 6950 and 7175
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