Daily Research 22 Juni 2015

Negative Market.

S2 S1 IDX R1 R2
4,899 4,945 4,985.0 5,000 5,050
  • A weak Dow Jones and several regional markets on positive side would affect the sentiment.
  • The IDX moved positively followed by a presence of a foreign buying interest last week. A presence of a psychological level of 5,000 would potentially trim any further upside movement.
  • So, we predict that the IDX would be in the positive side today.

Daily Research:

APLN

Sell on strength

S2 S1 Level R1 R2
330 345 359 375 390

APLN was still in the positive side but with a close at its diagonal resistance in which could dampen the upswing.

ITMG

Sell on strength

S2 S1 Level R1 R2
12,600 13,000 13,300 13,600 14,000

ITMG moved relatively higher last week. But so, a presence of its quite strong diagonal resistance with a low volume would possibly trim the upside turn.

KLBF

Buy on weakness

S2 S1 Level R1 R2
1,550 1,600 1,655 1,700 1,740

KLBF ended the trading lower followed by a bearish engulfing pattern in which suggesting a negative sign.

PGAS

Trading buy

S2 S1 Level R1 R2
4,000 4,200 4,390 4,600 4,800

PGAS moved rather positi ve ly with the break on its diagonal resistance and an increasing volume in which expectedly open up a favorable 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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