Daily Research 14 November 2016

research animasi

S2 S1 IDX R1 R2
5,175 5,200   5,231.9 5,250 5,300
  • Dow and regional bourses traded mixed today. However selling pressure on emerging market would cap IDX.
  • The IDX was down rather considerably followed by high foreign selling actions and a long black candle last week in which suggesting another weak movement.
  •  Although there are potentials for a technical rebound we expect IDX to trade negative today.

Daily Research:


Trading buy

S2 S1 Level R1 R2
14,400 14,800 15,725 16,100 16,600

AALI ended the session higher with a long white candle and a break on its diagonal resistance ad well as a high enough volume indicating a further upside potential.


Sell on strength

S2 S1 Level R1 R2
820 865 900 930 970

ANTM managed to move higher in a thin range but still unable to break in recent high so that potentially could create a correction.


Sell on strength

S2 S1 Level R1 R2
2,950    3,700 3,150 3,500 3,600 3,600

INCO closed the trading po s it ively with a high volume but with a close near its diagonal resistance and an overbought RSI indicator that could limit a further upside movement.


Sell on strength

S2 S1 Level R1 R2
1,425 1,505 1,565 1,585 1,680

LSIP edged high rather considerably followed by a high volume and a long white candle but the presences of several resistances may possibly slow down a further upturn.

* 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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