Daily Research 28 Januari 2016

Negative Market.

S2 S1 IDX R1 R2
4,525 4,450 4,583.6 4,600 4,625
  • A correction taken by Dow Jones and the regional bourses after the Fed kept the rate on hold would become the negative sentiment.
  • The IDX moved higher with the break on its diagonal resistance yesterday. A close above its recent high would create a favorable potential or vice versa.
  • Therefore, we predict that the IDX would be in the negative side for today.

Daily Research:


Sell on strength

S2 S1 Level R1 R2
1,085 1,200 1,365 1,410 1,570

LSIP edged higher yesterd a y but not supported by a high volume and a position near its diagonal resistance indicating a limited upside opportunity


Trading buy

S2 S1 Level R1 R2
118 132 146 158 172

PNLF moved up also supported by a high enough volume suggesting a further positive movement.


Trading buy

S2 S1 Level R1 R2
9,000 9,900 10,575 11,400 12,000

SMGR ended the trading in positive territory with a long white candle pattern and a rather strong volume that could lead to a further upside turn.


Buy on weakness

S2 S1 Level R1 R2
915 950 965 1,000 1,030

WTON still continued the weak turn but with the presence of a horizontal support in which could slow down the downswing.

* 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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