Daily Research 19 Juni 2015

Negative Market.

S2 S1 IDX R1 R2
4,872 4,899 4,945.5 4,975 5,000
  • A positive Dow Jones and global markets would send in the support.
  • The IDX was down in a thin range with a doji yesterday pattern so that could create a correction potential.
  • Therefore, we predict that the IDX would be in the positive side today.

Daily Research:

BBNI

Buy on weakness

S2 S1 Level R1 R2
5,000 5,200 5,525 5,650 6,000

BBNI ended the trading negatively after failing to keep up the gaining turn. In addition, a formation of a bearish engulfing would provide a further downside sign.

BBRI

Buy on weakness

S2 S1 Level R1 R2
10,000 10,350 10,775 11,300 11,700

BBRI edged lower followed by a formation of a bearish harami in which could indicate a negative potential.

MPPA

Sell on strength

S2 S1 Level R1 R2
3,000 3,185 3,330 3,450 3,550

MPPA was still in the positive side but with a close near several resistances in which possibly could trim the upside opportunity.

PWON

Sell on strength

S2 S1 Level R1 R2
400 410 429 445 460

PWON moved in the positi ve side but followed by an evening doji star suggesting a slower upside movement.

* 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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