Daily Research 14 September 2016


S2 S1 IDX R1 R2
5,175 5,200   5,215.5 5,225 5,250
  • A weak Dow Jones and most of the global markets would not improve the sentiment.
  • The IDX still carried on the weak turn with a formation of a long black candle yesterday. But so, a presence of a psychological level of 5,200 and decreasing foreign selling actions would expectedly slow down the weak slide.
  • So, we predict that the IDX would move in the downside tendency today.

Daily Research:


Speculative buy

S2 S1 Level R1 R2
590 640 645 715 750

ANTM was on the weak side with a close near its diagonal support and a thin volume and an oversold RSI indicator so that any further downturn maybe in a limited range.


Buy on weakness

S2 S1 Level R1 R2
2,430 2,520 2,560 2,620 2,680

ADHI was on the weak side during the last 6 days but with the presence of its diagonal support in which expectedly could trim the downswing.



S2 S1 Level R1 R2
1,040 1,105 1,165 1,200 1,270

ADRO was in the negative territory with a long black candle pattern near its diagonal support. A break on this support would once again create a downside potential.


Speculative buy

S2 S1 Level R1 R2
2,300 2,410 2,480 2,620 2,730

WSKT ended the trading n e g atively near its diagonal support with a low volume and also an oversold RSI trend suggesting a limited downside 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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