Daily Research 18 Januari 2016

Negative Market.

S2 S1 IDX R1 R2
4,465 4,400 4,523.9 4,537 4,569
  • A negative Dow Jones and the global markets would send in the unfavorable pressure.
  • The IDX was up relatively last week but in the middle of foreign selling actions and a position near resistance that could push for a correction.
  • Therefore, we predict that the IDX would be in the downside trend today.

Daily Research:


Buy on weakness

S2 S1 Level R1 R2
6,325 6,725 6,800 7,200 7,400

AKRA ended the trading negatively but with a low volume and the presences of several supports that could dampen the weak trend.


Sell on strength

S2 S1 Level R1 R2
5,550 5,750 6,000 6,350 6,600

ASII managed a rebound after relatively on downtrend lately. But so, the presences of several resistances would have the chance to dampen a further upside turn.


Trading buy

S2 S1 Level R1 R2
1,285 1,370 1,415 1,500 1,560

CTRA took a weak step n ear its diagonal support yesterday suggesting that another negative turn maybe in a limited range.


Buy on weakness

S2 S1 Level R1 R2
3,700 3,850 3,940 4,150 4,400

PTPP was still in the wea k s ide after failing to stay near its resistance. A break on its short term support would once again create a negative 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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