Daily Research 05 June 2017

S2 S1 IDX R1 R2
5,590.5 5,643.5   5,742.5 5,770.6 5,837.2
  • Dow Jones closed 62.1 point higher at all-time high 21,206.3 levels, backed by US economic data as unemployment rate down to 4.3% from 4.4% previously reported.
  • Regional bourses traded relatively mixed this morning after London attack yesterday.
  • IDX traded slightly higher last Friday and closed at strong diagonal resistance line.
  • We expect IDX to trade mixed with negative tendency today as investor realize profits.
ASII

Sell on Strength

S2 S1 Level R1 R2
8,500 8,775 9,000 9,150 9,450

ASII ended positively the session supported by a high enough volume but closed near its horizontal resistance that could limit the upswing.

CTRA

Trading Buy

S2 S1 Level R1 R2
1,050 1,115 1,160 1,230 1,300

CTRA closed the session higher above its diagonal resistance with a high volume indicating another upside potential.

JSMR

Sell on Strength

S2 S1 Level R1 R2
5,000 5,150 5,200 5,325 5,475

JSMR ended the trading negatively with shooting star pattern after fail to break above its diagonal resistance and overbought RSI trend indicating a further downturn.

RALS

Sell on Strength

S2 S1 Level R1 R2
1,185 1,250 1,330 1,370 1,430

RALS closed the session higher near in its diagonal resistance with declining volume that could limit the upside turn.

* 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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