Daily Research 30 Juni 2015

Negative Market.

S2 S1 IDX R1 R2
4,837 4,850 4,923.0 4,923 4,953
  • A weak Dow Jones but in the middle of mixed regional markets would affect the sentiment.
  • The IDX took a weak turn again closing below the psychological level of 4,900 potentially bringing down market toward its previous low. But so, window dressing potential would dampen the negative potential.
  • Therefore, we predict that the IDX would be in then positive side today.

Daily Research:

BHIT

Sell on strength

S2 S1 Level R1 R2
240 250 262 272 280

BHIT was down in a thin range with a long legged doji formation after on a favorable trend lately in which could lead to a correction.

BJBR

Buy on weakness

S2 S1 Level R1 R2
770 800 825 855 880

BJBR was on the weak side with the break on horizontal support followed by a rather high volume indicating a negative potential.

SMRA

Speculative buy

S2 S1 Level R1 R2
1,550 1,600 1,635 1,680 1,720

SMRA was still in the negative side but with a close near support and also a doji creating a rebound opportunity.

WIKA

Buy on weakness

S2 S1 Level R1 R2
2,300 2,400 2,510 2,600 2,700

WIKA again resumed its we a k trend with a close below its recent low in which potentially to challenge its next support.

* 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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