Daily Research 05 October 2017

 

S2 S1 IDX R1 R2
5,885.2 5,915.4   5,951.5 5,970 5,990
  • Dow Jones booked another record high level by adding almost 20 points to close the day at 22,661.6 levels.
  • Regional market traded slightly positive this morning.
  • IDX managed to closed higher and booked another record high level yesterday, however it created another upside gap and its candlestick formed shooting star so technically IDX is vulnerable to profit taking actions.
  • In all we expect IDX to trade lower today as investor tend to lock profits on blue chip stocks.
ASRI

Trading Buy

S2 S1 Level R1 R2
358 372 396 402 416

ASRI ended the trading positively with long white candle and follow by high enough volume sehingga diperkirakan akan melanjutkan penguatan.

HRUM

Trading Buy

S2 S1 Level R1 R2
1,970 2,110 2,250 2,320 2,480

HRUM moved up rather considerably with a long white candle and a increase volume that could lead to another favorable opportunity.

LSIP

Sell on Strength

S2 S1 Level R1 R2
1,360 1,405 1,450 1,485 1,540

LSIP moved up with a high volume but near its horizontal resistance that could dampen this current upside movement.

RALS

Sell on Strength

S2 S1 Level R1 R2
825 860 925 960 1,010

RALS closed the session higher in short term diagonal resistance and with a thin volume that could limit the upswing.

* 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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