Negative Market.
S2 | S1 | IDX | R1 | R2 |
4,450 | 4,483 | 4,602.8 | 4,625 | 4,653 |
- A positive Dow Jones and mixed global markets would affect the sentiment.
- The IDX continued in the positive side with a close near its previous high and resuming foreign buying actions yesterday.
- So, we predict that the IDX would be in the positive area today.
Daily Research:
GIAA |
Sell on strength |
|||
S2 | S1 | Level | R1 | R2 |
325 | 365 | 395 | 415 | 460 |
GIAA edged higher during y e s terday’s session but with a lower volume and the RSI indicator already in the overbought trend suggesting a limited upside potential.
MNCN |
Buy on weakness |
|||
S2 | S1 | Level | R1 | R2 |
1,100 | 1,200 | 1,240 | 1,500 | 1,705 |
MNCN still moved lower and the RSI trend within the oversold territory in which creating a rebound opportunity.
TLKM |
Sell |
|||
S2 | S1 | Level | R1 | R2 |
3,140 | 3,205 | 3,260 | 3,270 | 3,350 |
TLKM moved in the negative side after failing to keep up the gaining turn. Further, a doji in the uptrend channel would indicate a correction potential.
WIKA |
Speculative buy |
|||
S2 | S1 | Level | R1 | R2 |
2,690 | 2,745 | 2,780 | 2,830 | 2,885 |
WIKA was in the negative territory but followed by a hammer and a position near its support signaling a rebound 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.