Bumi Resources is trading 8.9% up at IDR 183, extending a strong short-term rebound from mid-July lows and breaking through key technical resistance levels.
- The stock has successfully surpassed the 157–168 IDR target area, supported by a potential double-bottom pattern and an inverted hammer formation.
- Upside momentum suggests traders are actively chasing the recovery despite a generally weak backdrop for the broader Jakarta equity market.