Daily Research 22 March 2017

S2 S1 IDX R1 R2
5,500 5,518   5,533.9 5,575 5,600
  • Weak Dow Jones and global bourses would send in the unfavorable pressure.
  • The IDX moved higher with a close slightly above its previous high with another doji pattern and resuming foreign buying actions yesterday.
  • Therefore, we predict that the IDX would be moving lower today.

Sell on strength

S2 S1 Level R1 R2
2,220 2,310 2,460 2,500 2,600

ADHI closed the trading p o s itively near its diagonal resistance with a low volume and near overbought RSI trend that could trim another upside turn.


Sell on strength

S2 S1 Level R1 R2
15,800 16,000 16,250 16,350 16,500

BBCA ended the trading up with a lower volume and a position near diagonal resistance as well as an overbought RSI tendency in which could slow down the upswing.


Trading buy

S2 S1 Level R1 R2
1,385 1,470 1,520 1,550 1,615

LSIP took an upside turn with the break on its resistance of an uptrend channel supported by a high enough volume indicating another favorable potential.


Trading buy

S2 S1 Level R1 R2
545 575 605 635 665

SSIA edged up with a full white candle pattern followed by a high volume indicating another positive 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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