Daily Research 13 December 2016

research animasi

S2 S1 IDX R1 R2
5,245 5,275   5,303.7 5,325 5,350
  • Mixed global bourses would affect the sentiment.
  • The IDX was up in a thin range still near its psychological level of 5,300 last week with decreasing foreign selling actions.
  • Therefore, we predict that the IDX would be in the negative side for today.

Daily Research:

BBTN

Buy on weakness

S2 S1 Level R1 R2
1,595 1,660 1,730 1,785 1,855

BBTN still carried on the weak trend with a long black candle but with the presence of its horizontal support that could expectedly limit another downside movement.

BWPT

Sell on strength

S2 S1 Level R1 R2
200 217 232 234 250

PTPP edged higher with a long white candle and supported by a high volume suggesting another favorable potential.

GGRM

Sell on strength

S2 S1 Level R1 R2
63,450 65,000 66,950 68,000 710

GGRM ended the trading p o s itively near its diagonal resistance with a lack of volume indicating a limited upside potential.

SMGR

Sell on strength

S2 S1 Level R1 R2
8,750 9,050 9,300 9,450 9,700

SMGR closed the session higher with a position near its diagonal resistance with a low volume that could potentially trim the upside 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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