Daily Research 05 December 2016


S2 S1 IDX R1 R2
5,198 5,225   5,245.9 5,275 5,300
  • Global markets on downside trend would send in the pressure.
  • The IDX resumed the upside turn with a long white candle in the middle of low foreign selling interest last week
  • So, we predict that the IDX would be in the negative side today.

Daily Research:


Sell on strength

S2 S1 Level R1 R2
63,450 65,000 66,325 68,000 70,000

GGRM ended the trading p o s itively near its diagonal resistance and a low volume in which could limit the downside movement


Sell on strength

S2 S1 Level R1 R2
1,410 1,500 1,540 1,590 1,665

KLBF moved in the weak side followed by a bullish harami suggesting another downside movement.


Speculative buy

S2 S1 Level R1 R2
5,000 5,100 5,225 5,600 5,750

TBIG closed the trading down with a high volume but with a close near its diagonal support and an oversold tendency indicating a limited downside potential.


Sell on strength

S2 S1 Level R1 R2
20,700 22,025 22,975 23,275 24,000

UNTR was in the positive side but only with a doji pattern and an open gap that could create a correction.

* 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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