Daily Research 13 Januari 2016

Negative Market.

S2 S1 IDX R1 R2
4,425 4,465 4,512.5 4,530 4,569
  • A positive Dow Jones and the global markets would once again send in the favorable sentiment.
  • The IDX managed a quite positive turn with a close above the psychological level of 4,500 yesterday. But so, a presence of a diagonal resistance would slow down the upside potential.
  • Therefore, we predict that the IDX would once again be in the positive side today.

Daily Research:


Trading buy

S2 S1 Level R1 R2
1,035 1,085 1,180 1,235 1,285

AISA edged higher quite considerably followed by a formation of a bullish engulfing in which suggesting another upside opportunity.


Speculative buy

S2 S1 Level R1 R2
5,700 5,850 5,925 6,100 6,250

ASII was down in a thin range in its consolidation trend. But so, a presence of its horizontal support would expectedly limit the downside potential.


Sell on strength

S2 S1 Level R1 R2
51,600 53,500 56,000 57,000 58,500

GGRM was in the positive s id e but with a close near its previous high so that could trim the upside movement.


Sell on strength

S2 S1 Level R1 R2
3,350 3,710 4,090 4,500 4,990

MAPI ended the trading po s it ively but with a position near a rather strong resistance and a low volume that could have the chance to slow down the gaining potential.

* 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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