Daily Research 24 January 2017

research animasi

S2 S1 IDX R1 R2
5,200 5,225   5,250.9 5,271 5,301
  • Mixed global markets would affect the trading direction.
  • The IDX was down in a thin range with a doji pattern and a position near its diagonal support yesterday potentially dampening the downturn.
  • So, we predict that the IDX would be in the positive side today.

Sell on strength

S2 S1 Level R1 R2
5,225 5,400 5,525 5,600 5,725

BBNI managed to move up slightly but failing to break its diagonal resistance that could potentially create a correction.


Buy on weakness

S2 S1 Level R1 R2
1,200 1,250 1,280 1,325 1,380

CTRA again took a weak turn with a long black candle. A weak potential would remain possible if its recent low is broken down further.


Speculative buy

S2 S1 Level R1 R2
1,975 2,180 2,270 2,400 2,640

INCO ended the session negatively near its diagonal support with a low volume and an oversold RSI trend suggesting a limited downside potential.


Buy on weakness

S2 S1 Level R1 R2
1,350 1,420 1,470 1,565 1,630

KLBF ended the trading in t h e negative side near its diagonal support and a thin volume indicating a limited downside 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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