Daily Research 01 Juni 2015

Negative Market.

S2 S1 IDX R1 R2
5,175 5,200 5,216.3 5,227 5,250
  • A weak Dow Jones and global markets would provide the negative sentiment.
  • The IDX was still in the negative side last week. Nonetheless, a presence of its psychological level of 5,200 would possibly limit the downswing.
  • Therefore, we predict that the IDX would once again be in the negative side today.

Daily Research:


Speculative buy

S2 S1 Level R1 R2
2,300 2,400 2,505 2,600 2,700

ADHI still carried on the weak trend but with an oversold tendency and a position near its diagonal support suggesting a rebound potential.


Buy on weakness

S2 S1 Level R1 R2
1,350 1,400 1,430 1,500 1,560

CTRA moved negatively with a formation of a long black candle. But so, a presence of its diagonal support would expectedly limit this weak step.


Buy on weakness

S2 S1 Level R1 R2
3,300 3,500 3,650 3,800 4,015

MPPA again was on the wea k side with the break on its support signaling a further down toward its next support.


Buy on weakness

S2 S1 Level R1 R2
1,000 1,050 1,090 1,150 1,200

SSIA was on a correction b y breaking its diagonal support indicating a further negative 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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