JAKARTA – Technical analysis from PT Ina Sekuritas Indonesia provides an insight regarding the stock trend of PT Indah Kiat Pulp & Paper Tbk (INKP), Tuesday (21/1).

After the price surpassed MA5 and MA20, INKP has a potential to rebound briefly. Then, the stochastic indicator also emphasises the indication of share price increase.

INKP is engaged in the paper and pulp industry, as well as packaging paper manufacturer.

For detailed technical analysis of INKP, see the video. (DK/ZH)

Chart: Bloomberg