Technical trends to monitor
- Key support: ~IDR 520–540 (psychological level & recent daylows).
- Key resistance: ~IDR 720 (previous level resistance) and IDR 825 (52-week high).
- Moving average: MA50 and MA200 — MA50 cross > MA200 = bullish medium term; otherwise death cross = pressure drops. (Actual MA check on your platform chart).
- Volume: a breakout is valid if there is a significant increase in volume compared to the 30-day average.
Trade active
Bullish momentum: SMI daily golden crossover + confirmation of breakout resistance with increasing volume → initial target 720–850 (resist/analyst target).
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.