JAKARTA - Technical analysis from PT Ina Sekuritas Indonesia gave the insight regarding the trend of PT Charoen Pokphand Indonesia Tbk (CPIN) in the stock market (20/1).

This shift follows the sentiment of broiler chicken price increase, which potentially leads to satisfactory performance amidst lower raw materials price in 2024.

CPIN is a company engaged in the agribusiness sector, focusing on poultry and eggs. CPIN also produces animal feed, processed foods, and other products.

More on the technical analysis of CPIN's trend on the video. (DK/ZH)

Chart: Bloomberg