Daily Research 13 Juli 2015

Negative Market.

S2 S1 IDX R1 R2
4,800 4,837 4,859.0 4,871 4,900
  • Many global indices on positive side would send in the favorable support.
  • The IDX ended the session higher but only followed by a doji pattern last week in which indicating a not so strong upside potential.
  • Therefore, we predict that the IDX would be in the upside tendency today.

Daily Research:

BSDE

Trading buy

S2 S1 Level R1 R2
1,660 1,715 1,785 1,840 1,900

BSDE moved positively followed by a higher volume In addition, a break over its diagonal resistance would expectedly create a further upside potential.

CTRA

Sell on strength

S2 S1 Level R1 R2
1,200 1,220 1,275 1,300 1,350

CTRA edged higher with a high enough volume but still relatively being trimmed by its resistance so that could dampen a positive potential.

LPKR

Sell on strength

S2 S1 Level R1 R2
1,100 1,150 1,200 1,250 1,300

LPKR moved in the positive side but with a close near several resistances in which potentially could trim the upside movement.

PTBA

Speculative buy

S2 S1 Level R1 R2
6,700 7,000 7,250 7,600 8,000

PTBA was in the positive te rr itory after taking pressure lately, an oversold trend and a bullish harami formation that could create a technical rebound.

* 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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