Daily Research 27 February 2017

research-senin

S2 S1 IDX R1 R2
5,359 5,372   5,385.9 5,409 5,425
  • Weak regional markets would affect the sentiment.
  • The IDX was up once again supported by presences foreign buying actions last week that could lead to a favorable potential toward its previous high.
  • Therefore, we predict that the IDX would be moving in the negative side today.
ITMG

Sell on strength

S2 S1 Level R1 R2
15,500 16,325 17,225 17,750 18,500

ITMG ended the session higher near its diagonal resistance with a low volume and an overbought RSI indicator that could dampen this upside trend.

PWON

Sell on strength

S2 S1 Level R1 R2
545 575 590 605 630

PWON was in the negative side with a bearish engulfing pattern after failing to break its recent high suggesting another weak potential.

TBLA

Trading buy

S2 S1 Level R1 R2
1,145 1,200 1,245 1,300 1,350

TBLA moved higher with the break on its previous high supported by a high enough volume in which could lead to another favorable opportunity.

UNTR

Sell on strength

S2 S1 Level R1 R2
23,500 24,500 25,500 26,000 26,500

UNTR closed the trading p o s itively near its diagonal resistance with a thin volume and also an overbought RSI trend indicating a limited upside 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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