Daily Research 27 November 2017

S2 S1 IDX R1 R2
5,955.2 5,995.9 6,067.1 6,098.8 6,130
  • US stocks closed higher on the weekend. Investors believe consumer spending is rising in the Thanksgiving holiday season followed by Black Friday.
  • Nikkei 225, Kospi, and All Ordinaries indexes opened higher this morning.
  • JCI movement is still halted at MA20 support so that today it is expected to move in mix direction with tendency to strengthen. Support 6,005 and resistance 6,125.

Trading Buy

S2 S1 Level R1 R2
630 670 750 800 850

GJTL closed the session higher with long white candle pattern and higher volume indicating another upside potential.


Speculative Buy

S2 S1 Level R1 R2
18,025 18,850 19,300 20,000 20,825

INTP ended the trading negatively near diagonal support with a thin volume suggesting a limited downside potential.


Sell on Strength

S2 S1 Level R1 R2
5,750 6,100 6,425 6,750 7,000

JSMR Closed lower with higher volume. JSMR’s price pattern also showed a break to its short term diagonal support may trigger technical correction.


Speculative Buy

S2 S1 Level R1 R2
4,100 4,210 4,320 4,420 4,530

TLKM closed higher that session higher its horizontal resistance followed indicating another 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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