Daily Research 19 December 2017

S2 S1 IDX R1 R2
6,021.1 6,055.9 6,134.0 6,150.0 6,200.0
  • US and European stocks move higher after US Congress is scheduled to vote on the Tax Reform Bill as early as tonight.
  • Nikkei 225, Kospi and All Ordinaries opened higher this morning.
  • JCI is still in a positive momentum despite continuing to close at its new-high in the last 3 days. Support 6,070 and resistance 6,190.
DOID

Buy on weakness

S2 S1 Level R1 R2
595 665 720 760 825

DOID moved lower during the last several days but with presence of its horizontal support that could limit the weak turn.

PGAS

Sell on Strength

S2 S1 Level R1 R2
1,555 1,675 1,765 1,830 1,985

PGAS was in the negative side with a bearish engulfing formation after fail to above its horizontal resistance that trend indicating a further downturn.

UNVR

Sell on Strength

S2 S1 Level R1 R2
50,600 51,425 52,975 53,500 54,000

UNVR closed the session higher in diagonal resistance area with a thin volume and overbought RSI trend that could limit the upswing.

WSKT

Hold

S2 S1 Level R1 R2
1,920 2,030 2,180 2,250 2,390

WSKT has a chance to continue rally after ended trading with high enough volume. The rally will valid if WSKT break above recent high level (R1).

* 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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