Daily Research 11 January 2017


S2 S1 IDX R1 R2
5,250 5,275   5,309.9 5,325 5,347
  • Mixed global markets would not send in any support.
  • The IDX still moved relatively down followed by appearing foreign selling interest yesterday. A position near the psychological level of 5,300 would expectedly slow down the downturn or vice versa.
  • So, we predict that the IDX would be in the negative side today.

Buy on weakness

S2 S1 Level R1 R2
725 760 765 795 825

ACES again took a weak turn with a long black candle. A weak potential would remain possible if its support and the recent low are broken down further.


Sell on strength

S2 S1 Level R1 R2
1,600 1,665 1,720 1,740 1,810

LSIP managed to move higher but with the presences of several resistances that could limit the upside movement.


Trading buy

S2 S1 Level R1 R2
410 435 460 475 496

SSIA ended the trading po s i tively with a long white candle and a strong volume suggesting another favorable opportunity.


Trading buy

S2 S1 Level R1 R2
2,300 2,400 2,530 2,600 2,700

WIKA closed the trading up with the break on its diagonal resistance with a high volume creating a further 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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