Daily Research 10 Juli 2015

Negative Market.

S2 S1 IDX R1 R2
4,775 4,800 4,838.2 4,850 4,871
  • Mixed regional markets would affect the trading direction.
  • The IDX was still in the negative side yesterday. But so, a position near its recent low and also a hammer pattern would indicate a slower downside momentum.
  • So, we predict that the IDX would be in the positive side today.

Daily Research:


Buy on weakness

S2 S1 Level R1 R2
11,000 11,400 11,850 12,325 12,575

ICBP still moved negatively with the break on its recent low so that could create a weak potential.


Buy on weakness

S2 S1 Level R1 R2
3,750 3,915 4,010 4,150 4,350

PGAS took a correction by breaking the support of a rectangle formation indicating a weak potential toward its previous low.


Speculative buy

S2 S1 Level R1 R2
365 380 400 420 440

PWON still edged relatively lower but followed by a long legged doji near a support in which possibly could create a rebound opportunity.


Buy on weakness

S2 S1 Level R1 R2
17,500 18,000 18,600 19,300 20,000

UNTR stayed on the weak tr end but with a close near several supports in which expectedly could limit the downside 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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