Jakarta – Technical analysis from PT Ina Sekuritas Indonesia has given insight to the trend of PT Energi Mega Persada Tbk (ENRG) stock today (3/2).

The decision of Donald Trump, the US President, to impose high import tariff on several countries, such as Canada and Mexico of 25%, and China of 10%, potentially triggers trade wars and disrupt crude oil supply, thus driving positive signal for ENRG.

Established circa October 2001, ENRG is engaged in the oil and gas exploration and trading.

Technical analysis of ENRG’s shares could be observed further in the video. (DK/ZH)

Chart: Bloomberg