PT Bukit Uluwatu Villa Tbk is trading 5.2% down at $825 as investors lock in profits following a sharp multi-day rebound from post-rights-issue weakness.
- The stock remains under bearish technical pressure and is navigating a volatile range following the completion of a jumbo rights issue.
- Despite the recent price spike, the equity faces significant overhead resistance as traders react to ongoing post-corporate-action volatility.