Daily Research 12 Juni 2015

Negative Market.

S2 S1 IDX R1 R2
4,850 4,899 4,928.8 4,950 5,000
  • Lack of supporting factors would not improve the sentiment.
  • The IDX was down in a thin range after a failed upside movement yesterday. A still presence of foreign selling sentiment would once again send in
    the pressure.
  • So, we predict that the IDX would be in the negative tendency today.

Daily Research:

BBRI

Buy on weakness

S2 S1 Level R1 R2
9,000 9,500 10,125 10,500 10,800

BBRI still carried on the bearish trend but in the middle of an oversold trend in which possibly could limit this downswing.

ICBP

Sell on strength

S2 S1 Level R1 R2
12,500 13,000 13,400 14,000 14,500

ICBP again was in the positive territory but only followed by a doji pattern indicating a slower upside momentum.

INCO

Trading buy

S2 S1 Level R1 R2
2,825 2,900 2,965 3,150 3,300

INCO managed a rebound after on a deep pressure lately in which expectedly could create a favorable potential.

MDLN

Speculative buy

S2 S1 Level R1 R2
470 495 510 530 542

MDLN moved fairly up afte r on a downturn during the last 8 days and also an oversold tendency that could induce buying interest.

* 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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