Daily Research 04 February 2016

Negative Market.

S2 S1 IDX R1 R2
4,550 4,575 4,596.1 4,624 4,653
  • Rebound for Dow Jones and several regional markets would expectedly send in the support.
  • The IDX ended up slightly but with resuming foreign selling interest yesterday so that could slow down any positive opportunity.
  • So, we predict that the IDX would move in the positive side for today.

Daily Research:


Sell on strength

S2 S1 Level R1 R2
2,235 2,460 2,635 2,760 3,060

ADHI edged higher near its d i agonal resistance with a lower volume and the RSI indicator at the overbought trend that could trim this upswing.


Sell on strength

S2 S1 Level R1 R2
18,200 18,625 19,225 20,000 21,000

INTP was in the positive side after taking weak trend in the last 3 days so that could lead to another positive turn.


Buy on weakness

S2 S1 Level R1 R2
2,500 2,620 2,705 2,900 3,035

KLBF was still in the weak side with a shooting star and a high enough volume suggesting a further downswing.


Buy on weakness

S2 S1 Level R1 R2
975 1,000 1,010 1,070 1,110

LPKR again took a weak step with an open gap. A downside trend would still be possible if its recent low is broken down.

* 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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