Daily Research 24 February 2017


S2 S1 IDX R1 R2
5,329 5,359   5,372.7 5,409 5,425
  • Still weak regional markets would provide the negative sentiment.
  • IHSG The IDX still moved higher with a long white candle pattern yesterday indicating a favorable opportunity.
  • So, we predict that the IDX would be in the positive side today.

Sell on strength

S2 S1 Level R1 R2
2,850 3,030 3,080 3,170 3,300

CPIN moved down during the last several days with an increasing volume but with the presences of several supports that could slow down the downturn.


Sell on strength

S2 S1 Level R1 R2
955 1,030 1,155 1,190 1,300

GJTL moved in the positive side with a long white candle and a high enough volume and a presence of its horizontal resistance that could limit this upside turn.


Sell on strength

S2 S1 Level R1 R2
4,560 4,700 4,960 5,000 5,150

JSMR ended the trading pos i ti vely with the break on its diagonal resistance and a rather high volume. But so, a near overbought RSI would possibly slow down this upswing.


Buy on weakness

S2 S1 Level R1 R2
900 970 990 1,065 1,130

TINS was closed lower near its diagonal support with a low volume that could possibly limit the downturn.

* 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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