Daily Research 25 Juni 2015

Negative Market.

S2 S1 IDX R1 R2
4,899 4,937 4,953.5 4,975 5,000
  • A weak Dow Jones and the regional indices would send in the pressure.
  • The IDX was in the positive side but only with a doji pattern and a presence of foreign selling sentiment indicating a not so strong upside potential.
  • Therefore, we predict that the IDX would be in the downside tendency today.

Daily Research:

ADHI

Buy on weakness

S2 S1 Level R1 R2
1,950 2,040 2,150 2,200 2,300

ADHI ended the trading lower with a formation of a bearish engulfing in which suggesting a negative sign.

BBRI

Buy on weakness

S2 S1 Level R1 R2
9,600 10,125 10,300 10,600 11,000

BBRI again took a weak step followed by a high enough volume potentially to challenge its previous low.

INCO

Speculative buy

S2 S1 Level R1 R2
2,600 2,700 2,790 2,900 3,000

INCO was in the positive side by forming a bullish harami pattern yesterday so that could lead to a further upside movement.

PWON

Sell on strength

S2 S1 Level R1 R2
420 440 455 475 500

PWON resumed the upside t rend but with a close near its diagonal resistance that could possibly limit 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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