Daily Research 26 October 2017

S2 S1 IDX R1 R2
5,914.0 5,954.7 6,025.4 6,050 6,100
  • Dow Jones closed 112.3 point lower at 23,329.5 levels backed by higher US Government bond yield.
  • Regional market traded sideways this morning.
  • IDX traded higher above all-time high level but looked vulnerable to profit taking actions affected by tendencies of rising bond yield.
  • We expect IDX to trade mixed with lower tendency today.
ADHI

Speculative Buy

S2 S1 Level R1 R2
2,030 2,160 2,250 2,320 2,460

ADHI moved higher with long white candle formation supported by a high enough volume in which could lead to another favorable opportunity.

AKRA

Sell on Strength

S2 S1 Level R1 R2
7,275 7,500 7,900 8,075 8,375

ITMG ended the trading positively with a thin volume and overbought RSI trend that could limit the upswing.

DOID

Trading Buy

S2 S1 Level R1 R2
900 960 1,015 1,070 1,170

DOID moved in the positive side followed by a bullish engulfing pattern and high a volume suggesting another favorable potential.

WSKT

Sell on Strength

S2 S1 Level R1 R2
1,920 2,100 2,220 2,250 2,390

WSKT closed the session higher near its diagonal support with a thin volume and overbought RSI trend overbought 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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