Daily Research 23 February 2017


S2 S1 IDX R1 R2
5,300 5,325   5,359.2 5,475 5,409
  • Mixed global bourses would affect the market’s sentiment.
  • The IDX ended the trading positively with a bullish harami pattern yesterday in which providing a further upside sign.
  • Therefore, we predict that the IDX would be in the positive side today.

Speculative buy

S2 S1 Level R1 R2
14,125 14,600 14,775 15,375 15,775

AALI closed the session weaker near its diagonal support with a low volume and an oversold RSI indicator that could slow down the downswing.


Trading buy

S2 S1 Level R1 R2
56,300 60,150 62,200 64,000 66,000

GGRM moved in the positive side followed by a bullish engulfing pattern and a high volume suggesting another favorable potential.


Sell on strength

S2 S1 Level R1 R2
2,680 2,830 2,930 2,960 3,100

SCMA managed to take a favorable turn with a bullish engulfing pattern but with a close near the horizontal resistance possibly limiting the upside opportunity.


Speculative buy

S2 S1 Level R1 R2
2,320 2,390 2,470 2,590 2,670

WSKT closed the trading n e gatively at its diagonal support with a thin volume and near oversold RSI trend so that could dampen the weak 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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