Daily Research 07 Agustus 2015

Negative Market.

S2 S1 IDX R1 R2
4,750 4,781 4,806.5 4,850 4,875
  • A weak Dow Jones and regional bourses would send in the negative sentiment.
  • The IDX ended the trading in the negative side after failing to keep up the gaining turn yesterday. In addition, a formation of a dark cloud cover and a presence of a lower high would still the negative signs.
  • So, we predict that the IDX would move in the negative side today.

Daily Research:

APLN

Buy on weakness

S2 S1 Level R1 R2
315 330 340 355 375

APLN again took a weak turn followed by a long black candle. A weak potential would remain possible if its support and recent low are broken down.

BBRI

Sell on strength

S2 S1 Level R1 R2
10,000 10,475 10,775 11,000 11,500

BBRI was relatively on a co r rection with a doji pattern and a position near its resistance in which potentially could push for a further down.

BBNI

Sell on strength

S2 S1 Level R1 R2
4,750 5,000 5,175 5,300 5,650

BBNI was still in the positive side with a high volume. But so, a formation of a doji would indicate a slower upside momentum.

ROTI

Sell on strength

S2 S1 Level R1 R2
1,100 1,150 1,195 1,250 1,300

ROTI moved in a flat range w ith a position nearing its diagonal resistance that could dampen any upside 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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