Daily Research 29 Desember 2015

Negative Market.

S2 S1 IDX R1 R2
4,468 4,490 4,522.6 4,550 4,575
  • Mixed global markets would affect the trading direction.
  • The IDX moved relatively higher last week but with a position still near its diagonal resistance that could dampen the upside potential.
  • The Government announced to lower subsidized fuel price which effective on January 5, expected to drive positive sentiments.
  • In all we expect IDX to trade higher today ahead of year end window dressing event.

Daily Research:


Speculative buy

S2 S1 Level R1 R2
1,100 1,200 1,230 1,400 1,550

AISA took a weak turn near its diagonal support last week in which suggesting that any further downturn maybe in a limited range.


Trading buy

S2 S1 Level R1 R2
975 1,000 12,450 1,070 1,125

LPKR managed a slight upturn after on a weakslide during the last 3 days. In addition, the RSI still wirhin the oversold area would still create a favorable tendency.


Sell on strength

S2 S1 Level R1 R2
435 458 483 515 540

PWON remained in the p o sitive territory but with a close near its resistance potentially trimming the current upswing.


Sell on strength

S2 S1 Level R1 R2
655 675 705 715 755

SSIA still carried on the ups id e turn but with a position near its resistance that could slow down the current gaining turn.

* This report is for informational purposes only. This report is exclusively published for the use of Kiwoom Securities clients, and may not be reproduced or distributed. While the information was collected from secure sources, Kiwoom Security does not guarantee the accuracy or reliability of the information. Kiwoom Securities bears no liability for any losses that may occur from investments based on the information provided in this report.


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