Daily Research 26 September 2016

research animasi

S2 S1 IDX R1 R2
5,321 5,342   5,388.9 5,403 5,425
  • A weak Dow Jones and most of the global markets would provide the negative sentiment.
  • The IDX was still in the positive side in the middle of resuming foreign buying interest last week. But so, another doji pattern would indicate a not so strong positive potential.
  • Therefore, we predict that the IDX would be in the negative side today.

Daily Research:


Buy on weakness

S2 S1 Level R1 R2
14,500 15,100 15,450 16,025 16,600

AALI was still down during the last 3 days of trading with a low volume. In addition, a presence of a horizontal support would limit the downturn.


Sell on strength

S2 S1 Level R1 R2
5,200 5,400 5,575 5,675 5,800

ISAT again took an upside turn in a low volume and a presence of a resistance that could dampen the upswing.


Sell on strength

S2 S1 Level R1 R2
9,900 10,150 10,400 10,500 10,850

SMGR was on an upside turn but with the presences of resistances that could limit the positive opportunity.


Buy on weakness

S2 S1 Level R1 R2
2,400 2,500 2,600 2,700 2,800

WIKA was under pressure o n c e again below its recent low with a high volume possibly confirming an inverted flag formation in the middle of an oversold RSI trend.

* 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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