JAKARTA – Technical analysis from PT Ina Sekuritas Indonesia demonstrates the projection of stock trend of PT. Chandra Asri Pacific Tbk (TPIA), Thursday (23/1).

The sentiment induced by capital inflow from foreign investors, as well as MA20 indicator testing, affects TPIA’s trend. Should the chart shift beyond IDR 7,000, TPIA will have the potential to continue climbing.

TPIA is the company engaged in the petrochemical and infrastructure field.

You can learn more about technical analysis on TPIA in the video. (DK/ZH)

Chart: Bloomberg