Daily Research 16 January 2017

research animasi

S2 S1 IDX R1 R2
5,225 5,250   5,272.9 5,301 5,325
  • Mixed regional markets would not provide any support.
  • The IDX resumed the weak turn after another failed upside attempt last week. IN addition, a break on support and increasing foreign selling interest would
    push for a weak potential.
  • Therefore, we predict that the IDX would be in the downside tendency today.
ANTM

Trading buy

S2 S1 Level R1 R2
830 875 920 940 985

ANTM ended the session higher with a long white candle formation and a high enough volume indicating a further favorable opportunity.

INCO

Sell on strength

S2 S1 Level R1 R2
2,200 2,400 2,480 2,950 3,100

INCO closed the trading ne g a tively with the break on diagonal support and a high volume suggesting another downside movement.

LPKR

Buy on weakness

S2 S1 Level R1 R2
690 720 750 780 805

LPKR still continued the weak movement during the last few days but with the presence of its horizontal support that could possibly limit the downswing.

UNTR

Sell on strength

S2 S1 Level R1 R2
20,500 21,225 21,925 21,975 22,725

UNTR was in the positive territory but with a position near its horizontal resistance in which could limit 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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