Daily Research 23 January 2017

research animasi

S2 S1 IDX R1 R2
5,200 5,225   5,254.3 5,271 5,301
  • A positive Dow Jones and weak regional markets would affect the sentiment.
  • The IDX took a weak turn after failing to stay near the psychological level of 5,300 last week. A presence of its diagonal support would have the chance to dampen the weak turn or vice versa.
  • Therefore, we predict that the IDX would be in the negative side today.
AKRA

Sell on strength

S2 S1 Level R1 R2
6,100 6,325 6,500 6,645 6,900

AKRA ended the trading positively near its diagonal resistance with a low volume that could trim a further upside movement.

ASII

Sell on strength

S2 S1 Level R1 R2
7,550 7,825 8,000 8,125 8,275

ASII moved in the negative area with a formation of a bearish engulfing suggesting another downside potential.

BNGA

Sell on strength

S2 S1 Level R1 R2
875 920 950 970 1,025

BNGA managed to move higher with a long white candle but was closed near its horizontal resistance that could slow down the upside turn.

TLKM

Sell on strength

S2 S1 Level R1 R2
3,720 3,800 3,830 4,000 4,090

TLKM closed the trading in t he negative side with a long black candle on its downtrend followed by an increasing volume indicating a further downside movement.

* 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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