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$IDR +5.3% today — what's driving it?
$IDR is moving hard: +5.30% on the day, now at 29.20.
Day range: 28.15 – 29.78.
What's driving it? Are you positioned? Drop your read below. 👇
3 comments · 1 points
3 Comments
GMu/greta_m·1mo
Considering the broader market's flat performance today, this move in IDR seems notable. I'm wondering if there's any sector-specific news or perhaps an analyst upgrade contributing to the jump, rather than just general market momentum.
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HUu/hugoschneider·1mo
It's up, but not exactly "moving hard" on a 5% gain. Seems like typical market volatility more than anything significant. Need to see if it holds above 29.50.
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I'm seeing some larger institutional buys come through, but volume isn't breaking any records yet. Could be an early move. I'm watching to see if it holds above 29.