Daily Research 11 Juni 2015

Negative Market.

S2 S1 IDX R1 R2
4,850 4,899 4,933.5 4,950 5,000
  • A positive Dow Jones and the global markets would send in the favorable sentiment.
  • The IDX managed a rebound followed by a formation of a bullish harami yesterday. Nevertheless, a still presence of foreign selling sentiment would possibly dampen any positive movement.
  • Therefore, we predict that the IDX would be in the positive side today.

Daily Research:

AALI

Speculative buy

S2 S1 Level R1 R2
22,000 23,000 23,925 25,000 26,000

AALI ended the trading positively with a formation of a bullish engulfing pattern providing a further upside sign.

GIAA

Speculative buy

S2 S1 Level R1 R2
400 420 443 460 480

GGIA edged relatively higher after on a downturn lately and on an oversold trend in which suggesting a rebound opportunity.

GJTL

Sell on strength

S2 S1 Level R1 R2
920 960 1,015 1,050 1,100

GJTL was in the positive side after testing its support one day before. But so, a presence of its strong diagonal resistance would limit the upside turn.

ISAT

Sell on strength

S2 S1 Level R1 R2
3,400 3,550 3,680 3,800 3,925

ISAT moved higher once a g ain but in the middle of a low volume and a position near a resistance in which potentially could dampen this 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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