JAKARTA - Technical analysis from PT Ina Sekuritas Indonesia provides an overview of the direction of the movement of PT Sumber Alfaria Trijaya Tbk (AMRT) shares on Wednesday (9/4).

Technically, AMRT stock candles rebounded from the demand zone (price level where demand for assets increases) and moved past the MA5 line.

This gives the potential for strengthening towards the nearest resistance.

However, if the price does not meet expectations, cut loss at support IDR 1,950 per share.

AMRT (PT Sumber Alfaria Trijaya Tbk) is engaged in retail, especially minimarkets under the name Alfamart.

Technical analysis of AMRT shares can be seen in this video.(DK/LM)

Chart: Bloomberg