JAKARTA – A technical analysis from PT Ina Sekuritas Indonesia offers insights into the potential movement of PT Sumber Alfaria Trijaya Tbk (AMRT) shares on Wednesday (9/4).

According to the analysis, AMRT shares have shown a rebound from a demand zone—a price level where buying interest typically increases—and have successfully moved above the 5-day moving average (MA5).

This price action suggests the potential for continued upward momentum, with a resistance target in the range of IDR 2,170 to IDR 2,190 per share.

However, should the price movement fail to meet expectations, investors are advised to consider a cut-loss strategy at the support level of IDR 1,950 per share to limit downside risks.

AMRT, which operates in the retail sector through its Alfamart minimarket chain, continues to draw the attention of investors closely tracking price movements in the capital market.

Investors can access the full technical analysis of AMRT shares via the video below. (DK/ZH)