Daily Research 26 Mei 2015

Negative Market.

S2 S1 IDX R1 R2
5,250 5,325 5,269 5,288.3 5,315 5,325
  • Mixed regional markets would not send in any support.
  • The IDX was on the weak side with a close below the psychological level of 5,300 yesterday in the middle of resuming foreign selling actions that could send in further pressure.
  • Therefore, we predict that the IDX would be in the negative side today.

Daily Research:

ASRI

Buy on weakness

S2 S1 Level R1 R2
580 605 630 660 690

ASRI took a correction with the break on its short term support creating a further down sign.

BBCA

Sell on strength

S2 S1 Level R1 R2
13,500 14,000 14,300 14,900 15,300

BBCA was down relatively with a position still near its resistance potentially pushing for a downside potential..

BEST

Speculative buy

S2 S1 Level R1 R2
480 500 535 560 590

BEST moved positively with a position still close to the oversold area suggesting a favorable opportunity.

BJBR

Buy on weakness

S2 S1 Level R1 R2
800 840 880 935 965

BJBR was in the negative after being trimmed by its resistance. A downside potential would still be possible if its diagonal support is broken down.

* 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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