Daily Research 26 February 2016

Negative Market.

S2 S1 IDX R1 R2
4,600 4,625 4,658.3 4,675 4,708
  • A positive Dow Jones and most of the global markets would improve the sentiment.
  • The IDX was up in a thin range with resuming foreign selling interest yesterday indicating a not so strong upside opportunity.
  • Therefore, we predict that the IDX would be in the positive side for today.

Daily Research:

AALI

Buy on weakness

S2 S1 Level R1 R2
14,000 14,500 15,025 15,500 16,000

AALI still continued the weak turn with a high enough volume. But so, a presence of a support would potentially limit the downswing.

PTBA

Buy on weakness

S2 S1 Level R1 R2
4,235 4,585 4,765 5,025 5,300

PTBA remained in the weak side 3 days in a row but the position near its horizontal support that could slow down the downturn.

ROTI

Speculative buy

S2 S1 Level R1 R2
1,170 1,210 1,230 1,280 1,340

ROTI was down rather deep followed by a high volume but already near a diagonal support that could possibly dampen this current weak trend.

WIKA

Buy on weakness

S2 S1 Level R1 R2
2,400 2,500 2,595 2,765 2,900

WIKA was in the negative side also with a high trading volume suggesting another downside risk.

* 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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