Daily Research 17 February 2017


S2 S1 IDX R1 R2
5,325 5,350   5,378.0 5,409 5,425
  • Weak regional markets would send in the unfavorable pressure.
  • The IDX was down in a thin range with resuming foreign selling actions yesterday. But so, a hammer formation would indicate a slower downside momentum.
  • Therefore, we predict that the IDX would be in the downside tendency today.

Sell on strength

S2 S1 Level R1 R2
444 464 500 515 535

DILD ended the session higher but failed to break its diagonal resistance and a near overbought RSI trend that could dampen this upswing.


Buy on weakness

S2 S1 Level R1 R2
1,125 1,210 1,240 1,325 1,410

MPPA still carried on the weak turn near its previous low. A weak potential would remain possible if its horizontal support and recent low are broken down


Speculative buy

S2 S1 Level R1 R2
9,900 10,500 10,750 11,125 11,750

PTBA ended the trading n e g atively near its diagonal support with a low volume so that any further downturn maybe in a limited range.


Sell on strength

S2 S1 Level R1 R2
21,900 22,750 23,825 23,975 24,850

UNTR moved in the positive side with a bullish engulfing formation but with a close near its strong horizontal resistance that could limit the upside opportunity.

* 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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